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Routledge Guilds, Price Formation and Market Structures in Byzantium

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Description

Explore a groundbreaking analysis of economic history with this collection of studies from Routledge. This volume offers a deep look into the guild system across Byzantium and the West, providing new insights into how markets operated during these eras. Researchers investigate the process of price formation in Byzantium for the first time, using innovative methods to examine the conceptual basis, institutional parameters, and market dynamics that influenced price determination. The text examines how market organization and structures functioned within the Byzantine economy. A key finding presented in this work is the distinction between Byzantine and Western economic models. The research establishes that Byzantine guilds operated differently than their Western counterparts. Unlike Western guilds, Byzantine guilds did not fix prices through concerted action, as they lacked the necessary market power and institutional support to do so. This book serves as a vital resource for students and scholars interested in business and economic history.

Key Features

Provides a first-time investigation into the process of price formation within the Byzantine economy.

Compares the guild systems of Byzantium and the West to identify significant structural differences.

Uses innovative approaches to study market organization, institutional parameters, and market dynamics.

Explains why Byzantine guilds lacked the market power to fix prices through concerted action.

Offers detailed analysis of the conceptual basis and structures that shaped price determination.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 January 2009
Listed Since
16 October 2008

Barcode

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