Making a Market
The Institutional Transformation of an African Society
Herausgeber: Calvert, Randall; Eggertsson, Thrainn
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In Making a Market, Jean Ensminger analyses the process by which the market was introduced into the economy of a group of Kenyan pastoralists. This 1993 case study points out the importance of understanding the roles of ideology and bargaining power - in addition to pure economic forces, such as changing relative prices - in shaping market institutions.
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