Advanced Search
MyIDEAS: Login to save this paper or follow this series

Three Elementary Forms of Economic Organization

Contents:

Author Info

Registered author(s):

    Abstract

    We present a model where larger societies experience advances in specialization at the cost of diluted monitoring, which limits enforcement and hinders trade possibilities. Cash and financial instruments can replace monitoring. Advances in specialization may make it feasible to replace agriculture with manufacturing. The model generates three stable regimes with different combinations of productive systems and trade arrangements. In small societies, agriculture is accompanied by mutual sharing arrangements of the gift exchange type; in medium sized societies, agriculture is accompanied by monetary trade; in large societies, manufacturing is accompanied by circulating private banknotes issued by specialized agents acting as intermediaries.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: ftp://www.ceistorvergata.it/repec/rpaper/RP288.pdf
    File Function: Main text
    Download Restriction: no

    Bibliographic Info

    Paper provided by Tor Vergata University, CEIS in its series CEIS Research Paper with number 288.

    as in new window
    Length: 38 pages
    Date of creation: 01 Oct 2013
    Date of revision: 01 Oct 2013
    Handle: RePEc:rtv:ceisrp:288

    Contact details of provider:
    Postal: CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma
    Phone: +390672595601
    Fax: +39062020687
    Email:
    Web page: http://www.ceistorvergata.it
    More information through EDIRC

    Order Information:
    Postal: CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma
    Email:
    Web: http://www.ceistorvergata.it

    Related research

    Keywords:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:rtv:ceisrp:288. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Barbara Piazzi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.