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Odd Markets in Japanese History

Law and Economic Growth

Ocena książki

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  • 212 stron
  • 8 godzin czytania

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The book examines the historical interplay between law and markets in Japan, utilizing a rational-choice framework. It focuses on markets often deemed "exploitative," such as those for indentured servants and sexual services, analyzing how participants navigated informational asymmetries in contracts. Findings reveal that Japanese courts clearly defined property rights, fostering efficient economic growth and promoting mutually beneficial agreements. The author asserts that market participants, regardless of socioeconomic status or gender, effectively addressed informational imbalances, with no evidence of systemic exploitation based on sex or age.

Wydanie

Zakup książki

Odd Markets in Japanese History, J. Mark Ramseyer

Język
Rok wydania
2004
Oprawa
(twarda)
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Metody płatności

2,5
Nic specjalnego
2 Ocena

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Tytuł
Odd Markets in Japanese History
Podtytuł
Law and Economic Growth
Język
angielski
Rok wydania
2004
Oprawa
twarda
Liczba stron
212
ISBN13
9780521563864
Ocena
2,5 z 5
Opis
The book examines the historical interplay between law and markets in Japan, utilizing a rational-choice framework. It focuses on markets often deemed "exploitative," such as those for indentured servants and sexual services, analyzing how participants navigated informational asymmetries in contracts. Findings reveal that Japanese courts clearly defined property rights, fostering efficient economic growth and promoting mutually beneficial agreements. The author asserts that market participants, regardless of socioeconomic status or gender, effectively addressed informational imbalances, with no evidence of systemic exploitation based on sex or age.