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Homogenous Social Groups Facilitate Exchange

Year:    1980

Author:    Backhaus, Jürgen

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 100 (1980), Iss. 2 : pp. 203–227

Abstract

The efficiency of exchange in an economy depends on the structure of social institutions in which trade is allowed to take place. This calls for an emphasis on the economic analysis of social institutions. The purpose of this paper is to introduce the concept of homogeneity of social groups. Homogenous social groups are described both theoretically and by way of examples. They are shown to facilitate the establishment and preservation of certain types of exchange relationships, both legal and illicit. This sheds some new light on received options of publicy, e. g. in terms of some unorthodox ant-trust implications.

Journal Article Details

Publisher Name:    Global Science Press

Language:    Multiple languages

DOI:    https://doi.org/10.3790/schm.100.2.203

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 100 (1980), Iss. 2 : pp. 203–227

Published online:    1980-02

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    25

Author Details

Backhaus, Jürgen

  1. FINANCING THE ALTERNATIVE ECONOMY

    BACKHAUS, Jürgen

    Annals of Public and Cooperative Economics, Vol. 61 (1990), Iss. 2-3 P.403

    https://doi.org/10.1111/j.1467-8292.1990.tb01468.x [Citations: 0]