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  • - The Institutional Transformation of an African Society
    af St Louis) Ensminger & Jean (Washington University
    409,95 - 780,95 kr.

    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.