Chapter Maritime Information Networks between Northern and Southern Europe during the Eighteenth century

• Tác giả: Jari Ojala
• Ngôn ngữ: eng
• ISBN-13: 978-8864538570
• ISBN: 9788864538570.10
• Ký hiệu phân loại: 387 Water, air, space transportation
• Thông tin xuất bản: Florence : Firenze University Press, 2019
• Mô tả vật lý: 1 electronic resource (12 p.)
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 242518

Tóm tắt

International trade during the 18th century is a case in point through which to study in-depth the challenges of asymmetric information. The challenges can be divided into three categories: availability, reliability and usability of information. This article discusses the organization of trade and shipping between Northern and Southern Europe. The access, reliability and use of information were problems for merchant-shipowners during the 18th century. The solutions adopted were partly contradictory: the aim to reduce information asymmetry on one determinant, might incur costs on the other.