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Market institutions, trust and norms: exploring moral economies in Nigerian food systems.

Authors :
Lyon, Fergus
Porter, Gina
Source :
Cambridge Journal of Economics; Sep2009, Vol. 33 Issue 5, p903-920, 18p, 2 Diagrams, 1 Chart
Publication Year :
2009

Abstract

Informal market institutions and small-scale traders are responsible for feeding Nigerian cities. This study analyses a range of economic relationships and institutions that have evolved in the context of inadequate formal institutions such as banks and legal contracts. Through examining both personal relationships and institutional based trust, the paper explores the role of moral norms. Trust is shown to be related to sanctions, information on other parties and a range of norms that are drawn on both calculatively and habitually. The perceived moralities of different forms of institution (such as credit systems, trader associations and commission agents) are also examined. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0309166X
Volume :
33
Issue :
5
Database :
Complementary Index
Journal :
Cambridge Journal of Economics
Publication Type :
Academic Journal
Accession number :
45281889
Full Text :
https://doi.org/10.1093/cje/bem008