The Maghribi traders
A Reappraisal?1
Bibliographic Data
| ID | 3540685 |
|---|---|
| Authors | Avner Greif (Canadian Institute for Advanced Research, corresponding author) |
| Year | 2012 |
| Volume | 65 |
| Issue | 2 |
| Pages | 445-469 |
| Publication date | 2012-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0013-0117 • E-ISSN: 1468-0289 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-0289.2012.00645.x |
| OpenAlex | W1918183539 |
| Language | EN |
| Citations received | 25 |
| References cited | 44 |
Previous studies concluded that a private-order institution based on a multilateral reputation mechanism was particularly important in governing agency relations among the Maghribi traders who operated in the Muslim Mediterranean. The legal system and a bilateral reputation mechanism were particularly important among the Genoese traders. Initial cultural, social, and political factors led to this institutional distinction, while the incorporation of culture in the resulting institutions influenced subsequent institutional developments. In particular, the particularities of the late medieval European institutions contributed to the rise of the modern-impersonal-markets in Europe. The analysis also substantiates the contention that private-order institutions can support sophisticated exchange and market-promoting policies should take this into account, particularly in countries lacking an effective court system. An article by Edwards and Ogilvie challenges this analysis. It alleges that the Maghribis, like European traders, relied on court enforcement and a bilateral reputation mechanism in which a narrow social circle responded to opportunism. This article shows that Edwards and Ogilvie's analysis and conclusions are wrong. It refutes each of their empirical claims and presents additional pieces of evidence supporting the institutional distinction conjecture. The discussion is structured around the methodological challenge associated with comparative and historical institutional analysis
Agency (philosophy) · Economics · Enforcement · Institution · Institutional analysis · Law and economics · Opportunism · Order (exchange) · Political economy · Political science · Politics · Reputation · Social science · Sociology · Culture, Economy, and Development Studies · Finance · Historical Economic and Legal Thought · Historical Economic and Social Studies · Law
City and Reciprocity
La confianza como retórica, el estatus como práctica
Introduction
Roman Port Societies
Warehouse Societies
The Imperial Cult and the Sacred Bonds of Roman Overseas Commerce
The Structure of Mercantile Communities in the Roman World
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Social capital and the problem of opportunistic leadership
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The business history of the preindustrial world
Institutional choice in the governance of the early Atlantic sugar trade
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Inter-communal institutions in medieval trade
Letters of medieval Jewish traders.
The fundamental problem of exchange
Social Norms and Community Enforcement
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Partnership and Profit in Medieval Islam
Studies in Islamic History and Institutions
A Mediterranean Society
Jews in Islamic Countries in the Middle Ages
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"Januensis Ergo Mercator"
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Arabic Legal and Administrative Documents in the Cambridge Genizah Collections
At the Origins of the Western Commenda
Cultural Beliefs and the Organization of Society
The Organization of Long-Distance Trade
Reputation and Coalitions in Medieval Trade
Family Partnerships and Joint Ventures in the Venetian Republic
The role of the merchant coalition in pre-modern Japanese economic development
Trade, Institutions, and Credit
India Traders of the Middle Ages
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The Jewish Merchants in the Light of Eleventh-Century Geniza Documents
The Eleventh Century Merchant House of Ibn 'Awkal (A Geniza Study)
Shipping in the Mediterranean in the Eleventh Century A.D. as Reflected in Documents from the Cairo Geniza
Jewish Self-Government in Medieval Egypt
Does Culture Affect Economic Outcomes
History Lessons
Partnership and Profit in Medieval Islam
Palestine during the First Muslim Period (634-1099)
Arabic Legal and Administrative Documents in the Cambridge Genizah Collections
Contract enforcement, institutions, and social capital
The head of the Jews (ra'is al-yahud) in Fatimid Egypt
| Unique citing works | 25 |
|---|---|
| Citations per year | 1,79 |
| Citation span | 2012 - 2026 (15) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 22 |