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ContributorThe Pennsylvania State University CiteSeerX Archives-
AuthorCliff Bekar-
Other Identifierhttp://www.orst.edu/Dept/IIFET/2000/papers/bekar.pdf-
Other Identifierhttp://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.153.139-
URIhttps://www.amad.org/jspui/handle/123456789/68633-
DescriptionAbstract: Traditional economic analysis posits market-based institutions as being substitutes for non-market based institutions. The process of development then tends to be seen as the process of substituting the more efficient market based institutions for their less efficient counterparts. This paper argues that non-market institutions are at times more efficient than market based institutions. Informal pooling arrangements constituted an important method of non-market consumption smoothing for medieval peasants. Usury prohibitions were promulgated in order to support such arrangements in the face of competition from more market-based alternatives, i.e., the capital market.-
Formatapplication/pdf-
Languageeng-
RightsMetadata may be used without restrictions as long as the oai identifier remains attached to it.-
KeywordsInsurance-
Dewey Decimal Classification940-
TitleIncome Sharing Amongst Medieval Peasants: Usury Prohibitions and the Non-Market Provision of Insurance-
Typetext-
AMAD ID568079-
Open Access1-
Appears in Collections:BASE (Bielefeld Academic Search Engine)
General history of Europe


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