We found a match
Your institution may have rights to this item. Sign in to continue.
- Title
"Silent Trade" and the Supposed Continuum between OIE and NIE.
- Authors
Dolfsma, Wilfred; Spithoven, Antoon
- Abstract
New Institutional Economics (NIE) claims that Silent Trade exists. Indeed, it would constitute the first step as trade moves beyond the border of the village (North). In this brief article we show both that Silent Trade - trade between parties who have only the most minimal of a shared frame of reference, without direct contact - has not existed and that NIE cannot account for the representational re-description and change in governance structure that it would entail. At least on the issue of language and learning, NIE is categorically different from Original Institutional Economics (OIE).
- Subjects
INSTITUTIONAL economics; CEREMONIAL exchange; COMMERCIAL policy; TERMS of trade; TRADE negotiation; BUSINESS history
- Publication
Journal of Economic Issues (Association for Evolutionary Economics), 2008, Vol 42, Issue 2, p517
- ISSN
0021-3624
- Publication type
Article
- DOI
10.1080/00213624.2008.11507161