Bazaars of the Thousand and one nights

被引：1

作者：

Ozveren, Eyuep ^{[1
]}

机构：

[1] Middle E Tech Univ, Fac Econ & Adm Sci, Dept Econ, TR-06531 Ankara, Turkey

来源：

EUROPEAN JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT | 2007年 / 14卷 / 04期

关键词：

Thousand and One Nights; bazaar economy; market process; auction; asymmetric information;

D O I：

10.1080/09672560701695489

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A re-reading of the Thousand and One Nights in light of economic thought is attempted here. These stories characterize a bazaar economy as the dark side of medieval economics. The process-view of the bazaar is discussed in relation to Smith, Walras and the Austrian School. The tacit notions of 'market price' and 'natural price' are touched upon. Auctions are then elaborated with reference to Bohm-Bawerk. Moreover, the role of asymmetric information as a recurrent theme is interpreted in relation with Akerlof's approach. Finally, the collective function of the tales in fostering confidence in a less-than-well instituted bazaar economy is emphasized.

引用

页码：629 / 655

页数：27

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