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Information and Distribution

The Role of Merchants in the Market Economy Under Uncertainty

Yasuhiro Sakai; Keisuke Sasaki

978-981-10-0101-7

2021
Edition 1
- Provides an overview of the relation between information and distribution in historical and theoretical perspectives, following the John Hicks doctrine that History and Theory should be the inseparable parts of the whole structure.
- Provides a variety of applied models that include not only a transaction function but also an information, risk-bearing function as distinguishing features of modern distribution systems today.
- Identifies the distinguishing features of the Japanese distribution system, as exemplified by the Ohmi merchants, compared with distribution systems in Europe and the United States.
€220

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