Sgard, Jérôme; Brousseau, Eric - Université Paris-Dauphine (Paris IX) - 2013
This article reviews the history literature on the Champagne fairs and points to reasons why Avner Greif's (2006) model of collective responsibility and inter-city reprisals may not apply. First, with no substantial local community of merchants, mutual dissuasion could not offer credible...