International trade during the 18th century is a case in point through which to study in-depth the challenges of asymmetric information. The challenges can be divided into three categories: availability, reliability and usability of information. This article discusses the organization of trade and shipping between Northern and Southern Europe. The access, reliability and use of information were problems for merchant-shipowners during the 18th century. The solutions adopted were partly contradictory: the aim to reduce information asymmetry on one determinant, might incur costs on the other.
University of Jyvaskyla, Finland - ORCID: 0000-0002-4348-8857
Chapter Title
Maritime Information Networks between Northern and Southern Europe during the Eighteenth century
Authors
Jari Ojala
Language
English
DOI
10.36253/978-88-6453-857-0.10
Peer Reviewed
Publication Year
2019
Copyright Information
© 2019 Author(s)
Content License
Metadata License
Book Title
Reti marittime come fattori dell’integrazione europea / Maritime Networks as a Factor in European Integration
Editors
Giampiero Nigro
Peer Reviewed
Number of Pages
592
Publication Year
2019
Copyright Information
© 2019 Author(s)
Content License
Metadata License
Publisher Name
Firenze University Press
DOI
10.36253/978-88-6453-856-3
ISBN Print
978-88-6453-856-3
eISBN (pdf)
978-88-6453-857-0
eISBN (xml)
978-88-9273-037-3
Series Title
Atti delle «Settimane di Studi» e altri Convegni
Series ISSN
2704-6354
Series E-ISSN
2704-5668