Odd Markets in Japanese History

Law and Economic Growth

By:

J.Mark Ramseyer

Format:

Paperback / softback

Series:

Political Economy of Institutions and Decisions

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Description

Employing a rational-choice approach, Professor Ramseyer studies the impact of Japanese law on economic growth in Japan. Toward that end, the author investigates the way law governed various markets and the way that people negotiated contracts within those markets. For much of the period at stake, the Japanese government was an oligarchy rather than a democracy; the judges operated a civil rather than common law regime; the economy grew modestly but erratically; and social customs changed rapidly and radically. As a result, this study applies an economic logic, but to markets in a vastly different world, in a different historical period, and with a different political regime and legal system. Findings reveal that the legal system generally promoted mutually advantageous deals, and that people generally negotiated in ways that shrewdly promoted their private best interests. Whether in the markets for indentured servants, prostitutes, or marriage partners, Odd Markets in Japanese History reports little evidence of either age- or gender- related exploitation.

Release date Australia

January 3rd, 2008

Author

J.Mark Ramseyer

Audience

Professional & Vocational

Illustrations

18 Tables, unspecified

Pages

212

Series

Political Economy of Institutions and Decisions

Dimensions

153x228x18

ISBN-13

9780521048255

Product ID

2088182

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