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  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Journal of bioeconomics 1 (1999), S. 95-113 
    ISSN: 1573-6989
    Keywords: code of ethics ; competition ; cooperation ; culture ; exchange ; ethnically homogeneous middleman group ; free-rider ; identity ; kinship distance ; meme ; norms ; peacock's tail ; reciprocity ; reputation ; rules of the game ; transaction costs ; trustworthiness
    Source: Springer Online Journal Archives 1860-2000
    Topics: Biology , Economics
    Notes: Abstract New institutional economics (NIE) has been very successful in explaining the role of institutions such as the firm, money, and contract law in facilitating production and exchange in human societies. In this paper, I will show that the NIE approach, which so far has been used by economists to analyze institutions and organizations in human society, including the ethnically homogeneous middleman groups, can also be extended to explain the high degree of cooperation and coordination of activities of honeybees, ants, and schooling fish. In addition, the paper emphasize the importance of identity in nonhuman and human societies in eliciting cooperation and in detecting cheaters or fakers. This paper thus contribute to the integration/consilience of economics and biology by providing a more unified view of aspects of the bioeconomics of nonhuman and human societies.
    Type of Medium: Electronic Resource
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  • 2
    ISSN: 1573-6989
    Keywords: ethnically homogeneous middleman group ; Confucian code of ethics ; culture ; cultural group selection theory ; cultural transmission unit ; group competition ; identity ; infrastructure ; institution ; moral systems ; public good externalities ; transaction costs ; trust ; within-group cooperation
    Source: Springer Online Journal Archives 1860-2000
    Topics: Biology , Economics
    Notes: Abstract Overseas Chinese dominate merchant roles in the economies of Southeast Asia. Chinese merchant success has generated envy and hatred by indigenous populations, resulting in episodes of racial violence toward the Chinese. In order to understand the economic basis of inter-ethnic conflict and violence, it is necessary to understand the economic basis of success of Chinese merchants in Southeast Asia. The paper presents an economic theory of Chinese middleman success. Central to the theory is the idea that the Confucian code of ethics which emphasize the importance of mutual aid/reciprocity among kinsmen, fellow-villagers and those speaking the same dialect, enabled the Chinese to cooperate among members of their own dialect group to form a club-like ethnically homogeneous middleman group (EHMG) for the provision of infrastructure, essential for middleman entrepreneurship. Chinese merchants embedded in the EHMG were able to economize on transaction costs, and this gave them a differential advantage to out-compete other ethnic groups to appropriate merchant roles. The EHMG functions also as a 'cultural transmission unit' transmitting Confucian ethics to future generations of Chinese middlemen, hence maintaining Chinese merchant roles over time. The paper draws on some key concepts in the New Institutional Economics literature as well as modern evolutionary biology.
    Type of Medium: Electronic Resource
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