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Books > History > History of specific subjects > Economic history
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Managing Information in the Roman Economy (Paperback, 1st ed. 2021)
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Managing Information in the Roman Economy (Paperback, 1st ed. 2021)
Series: Palgrave Studies in Ancient Economies
Expected to ship within 10 - 15 working days
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This volume studies information as an economic resource in the
Roman World. Information asymmetry is a distinguishing phenomenon
of any human relationship. From an economic perspective, private or
hidden information, opposed to publicly observable information,
generates advantages and inequalities; at the same time, it is a
source of profit, legal and illegal, and of transaction costs. The
contributions that make up the present book aim to deepen our
understanding of the economy of Ancient Rome by identifying and
analysing formal and informal systems of knowledge and institutions
that contributed to control, manage, restrict and enhance
information. The chapters scrutinize the impact of information
asymmetries on specific economic sectors, such as the labour market
and the market of real estate, as well as the world of professional
associations and trading networks. It further discusses structures
and institutions that facilitated and regulated economic
information in the public and the private spheres, such as market
places, auctions, financial mechanisms and instruments, state
treasures and archives. Managing Asymmetric Information in the
Roman Economy invites the reader to evaluate economic activities
within a larger collective mental, social, and political framework,
and aims ultimately to test the applicability of tools and ideas
from theoretical frameworks such as the Economics of Information to
ancient and comparative historical research.
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