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Date: 2018
Title: Modelling Maritime Trade Systems: Agent-Based Simulation and Medieval History
Author: Sunder, Marco
Ewert, Ulf Christian
Description: Maritime trade grew enormously in Europe after c. 1100 AD, thereby contributing much to the European economic take-off commonly considered as the “Commercial Revolution of the Middle Ages.” In this article, determinants of both the formation of the Hanse’s network-based system of trade in Northern Europe and its later dissolution are analysed using a multi-agent model. Findings are connected to the discussion in institutional economics and economic history concerning the importance of institutional developments in long-distance trade for economic growth in medieval Europe, the efficiency of self-enforcing institutions, and the divergence of institutional arrangements in medieval maritime trade. Finally, both potentials and limitations of agent-based models for historical research are discussed.
URI: https://www.amad.org/jspui/handle/123456789/72397
Other Identifier: https://www.ssoar.info/ssoar/handle/document/56433
https://doi.org/10.12759/hsr.43.2018.1.110-143
http://nbn-resolving.org/urn:nbn:de:0168-ssoar-56433-7
AMAD ID: 520613
Appears in Collections:BASE (Bielefeld Academic Search Engine)
General history of Europe


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