Institutions of Hanseatic Trade

The merchants of the medieval Hanse monopolised trade in the Baltic and North Sea areas. The authors describe the structure of their trade system in terms of network organisation and attempts to explain, on the grounds of institutional economics, the coordination of the merchants’ commercial exchang...

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Main Authors: Ewert, Ulf Christian, Selzer, Stephan
Format: Online
Sprog:engelsk
Udgivet: Peter Lang International Academic Publishers 2021
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Online adgang:1000248
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author Ewert, Ulf Christian
Selzer, Stephan
author_browse Ewert, Ulf Christian
Selzer, Stephan
author_facet Ewert, Ulf Christian
Selzer, Stephan
author_sort Ewert, Ulf Christian
collection Directory of Open Access Books
description The merchants of the medieval Hanse monopolised trade in the Baltic and North Sea areas. The authors describe the structure of their trade system in terms of network organisation and attempts to explain, on the grounds of institutional economics, the coordination of the merchants’ commercial exchange by reputation, trust and culture. The institutional economics approach also allows for a comprehensive analysis of coordination problems arising between merchants, towns and the ‘Kontore’. Due to the simplicity and flexibility of network trade the Hansards could bridge the huge gap in economic development between the West and the East. In the changing economic conditions around 1500, however, exactly these characteristics proved to be a serious limit to further retain their trade monopoly.
format Online
id doab-20.500.12854ir-34880
institution Directory of Open Access Books
language eng
publishDate 2021
publishDateRange 2021
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publisher Peter Lang International Academic Publishers
publisherStr Peter Lang International Academic Publishers
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spelling doab-20.500.12854ir-348802025-07-31T06:52:42Z Institutions of Hanseatic Trade Ewert, Ulf Christian Selzer, Stephan History History Bruges Hanseatic League Lübeck thema EDItEUR::N History and Archaeology::NH History::NHB General and world history The merchants of the medieval Hanse monopolised trade in the Baltic and North Sea areas. The authors describe the structure of their trade system in terms of network organisation and attempts to explain, on the grounds of institutional economics, the coordination of the merchants’ commercial exchange by reputation, trust and culture. The institutional economics approach also allows for a comprehensive analysis of coordination problems arising between merchants, towns and the ‘Kontore’. Due to the simplicity and flexibility of network trade the Hansards could bridge the huge gap in economic development between the West and the East. In the changing economic conditions around 1500, however, exactly these characteristics proved to be a serious limit to further retain their trade monopoly. 2021-02-10T12:58:18Z 2018-07-10 23:55 2020-03-22 03:00:31 2020-04-01T12:36:04Z 2016-11-30 book 1000248 OCN: 1076784368 http://library.oapen.org/handle/20.500.12657/29697 9783653058512 https://directory.doabooks.org/handle/20.500.12854/34880 eng open access image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/29697/1/1000248.pdf https://library.oapen.org/bitstream/20.500.12657/29697/1/1000248.pdf https://library.oapen.org/bitstream/20.500.12657/29697/1/1000248.pdf https://library.oapen.org/bitstream/20.500.12657/29697/1/1000248.pdf https://library.oapen.org/bitstream/20.500.12657/29697/1/1000248.pdf Peter Lang International Academic Publishers 10.3726/978-3-653-05851-2 10.3726/978-3-653-05851-2 44a712f0-ee17-4c08-a667-46effed595e7 Knowledge Unlatched b818ba9d-2dd9-4fd7-a364-7f305aef7ee9 9783653058512 Knowledge Unlatched (KU) KU Select 2017: Backlist Collection 101519 KU Select 2017: Backlist Collection open access
spellingShingle History
History
Bruges
Hanseatic League
Lübeck
thema EDItEUR::N History and Archaeology::NH History::NHB General and world history
Ewert, Ulf Christian
Selzer, Stephan
Institutions of Hanseatic Trade
title Institutions of Hanseatic Trade
title_full Institutions of Hanseatic Trade
title_fullStr Institutions of Hanseatic Trade
title_full_unstemmed Institutions of Hanseatic Trade
title_short Institutions of Hanseatic Trade
title_sort institutions of hanseatic trade
topic History
History
Bruges
Hanseatic League
Lübeck
thema EDItEUR::N History and Archaeology::NH History::NHB General and world history
topic_facet History
History
Bruges
Hanseatic League
Lübeck
thema EDItEUR::N History and Archaeology::NH History::NHB General and world history
url 1000248
work_keys_str_mv AT ewertulfchristian institutionsofhanseatictrade
AT selzerstephan institutionsofhanseatictrade