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Information and Distribution - The Role of Merchants in the Market Economy Under Uncertainty (Hardcover, 1st ed. 2021)
Loot Price: R3,279
Discovery Miles 32 790
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Information and Distribution - The Role of Merchants in the Market Economy Under Uncertainty (Hardcover, 1st ed. 2021)
Series: New Frontiers in Regional Science: Asian Perspectives, 49
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Total price: R3,289
Discovery Miles: 32 890
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The purpose of this book is to discuss the relationship between
information and distribution, with special reference to the role of
the merchant in a market economy under conditions of risk and
uncertainty. By working with simple models of the market economy
and conducting a sequence of comparative analyses, the authors shed
new light on an important yet rather neglected area in economics.
In a historical perspective, the merchants of Ohmi, the former name
of Shiga Prefecture in western Japan, are known to have put great
faith in the principles of Sampo Yoshi or the all-around advantages
of trading. It is hoped that the results presented in this book
will provide some solid ground for such an old principle that can
be seen in a new light. Applications to regional and many related
problems are also discussed here. A distribution system is broadly
defined as the systematic mechanisms and structures that regulate
business operations, and its function is to maximize corporate
value. Some of the following functions have previously been
identified as distinguishing features of the Japanese distribution
system compared with distribution systems in Europe and the United
States: not only transactions, transportation, and storage, but
also information, risk-bearing functions, and other
characteristics. This book provides an overview of the distribution
system in Japan, including changes that its practice have undergone
and its current state; identifies current problems; and considers
how these problems should be addressed.
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