Anthropology

Making a Market

Name: Making a Market
Brand: Cambridge University Press
SKU: 9780521420600
Price: 8073.00 INR
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ISBN: 9780521420600

Contributor(s): Ensminger, Jean Author Format: Hardback

Hardback · ISBN 9780521420600

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Key Specifications

ISBN	9780521420600
Publisher	Cambridge University Press
Publication date	March 1993
Language	English
MRP	£64.00 GBP
Page count	234
Item weight	107 g

In Making a Market, Jean Ensminger analyzes the process by which the market was introduced into the economy of a group of Kenyan pastoralists. Professor Ensminger employs new institutional economic analysis to assess the impact of new market institutions on production and distribution, with particular emphasis on the effect of institutions on decreasing transaction costs over time. This study traces the effects of increasing commercialization on the economic well-being of individual households, rich and poor alike, over considerable time and analyzes the process by which institutions themselves are transformed as a market economy develops. This 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.

Making a Market

Key Specifications

Ensminger, Jean Author

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