The economy of the Roman Empire was dominated by the business of agriculture. It employed the vast majority of the Empire's labor force and provided the wealth on which the upper classes depended for their social privileges. Consequently, the way in which upper-class Romans maintained and profited from their agricultural investments played a crucial role in shaping the basic relationships characterizing the Roman economy. In Investment, Profit, and Tenancy Dennis P. Kehoe defines the economic mentality of upper-class Romans by analyzing the assumptions that Roman jurists in the...
The economy of the Roman Empire was dominated by the business of agriculture. It employed the vast majority of the Empire's labor force and provided t...
The economy of the Roman Empire was predominantly agrarian: Roman landowners, agricultural laborers, and small tenant farmers were highly dependent upon one another for assuring stability. By examining the property rights established by the Roman government, in particular the laws concerning land tenure and the contractual relationships between wealthy landowners and the tenant farmers to whom they leased their land, Dennis P. Kehoe is able to demonstrate how the state fostered economic development and who benefited the most. In this bold application of economic theory, Kehoe explores the...
The economy of the Roman Empire was predominantly agrarian: Roman landowners, agricultural laborers, and small tenant farmers were highly dependent...
Transaction costs (TC) are the "friction" in an economic system, and their analysis is vital to understanding institutional design and economic performance. Law and Transaction Costs in the Ancient Economy is the first volume to collect specific studies from a transaction cost perspective. The volume offers models of this new way of looking at ancient evidence, and suggests ways in which traditional subject areas might inform problems in contemporary economics and legal studies. After the editors' methodological introduction, the contributors investigate the roles and effects of...
Transaction costs (TC) are the "friction" in an economic system, and their analysis is vital to understanding institutional design and economic perfor...
The essays composing Ancient Law, Ancient Society examine the law in classical antiquity both as a product of the society in which it developed and as one of the most important forces shaping that society. Contributors to this volume consider the law via innovative methodological approaches and theoretical perspectives--in particular, those drawn from the new institutional economics and the intersection of law and economics. Essays cover topics such as using collective sanctions to enforce legal norms; the Greek elite's marriage strategies for amassing financial resources...
The essays composing Ancient Law, Ancient Society examine the law in classical antiquity both as a product of the society in which it developed...
