Replication data for: Historical Property Rights, Sociality, and the Emergence of Impersonal Exchange in Long-Distance Trade

Principal Investigator(s):  View help for Principal Investigator(s) Erik O. Kimbrough; Vernon L. Smith; Bart J. Wilson

Version:  View help for Version V1

Name File Type Size Last Modified
Consumption-PRH1.txt text/plain 4.2 KB 10/12/2019 04:19:AM
Consumption-PRH2.txt text/plain 3.7 KB 10/12/2019 04:19:AM
Consumption-PRH3.txt text/plain 4.3 KB 10/12/2019 04:19:AM
Consumption-PRH4.txt text/plain 4.2 KB 10/12/2019 04:19:AM
Production-PRH1.txt text/plain 2.9 KB 10/12/2019 04:19:AM
Production-PRH2.txt text/plain 2.6 KB 10/12/2019 04:19:AM
Production-PRH3.txt text/plain 2.9 KB 10/12/2019 04:19:AM
Production-PRH4.txt text/plain 2.9 KB 10/12/2019 04:19:AM
Profit-PRH1.txt text/plain 1.9 KB 10/12/2019 04:19:AM
Profit-PRH2.txt text/plain 1.6 KB 10/12/2019 04:19:AM

Project Description

Summary:  View help for Summary This laboratory experiment explores the extent to which impersonal exchange emerges from personal exchange with opportunities for long-distance trade. We design a three-commodity production and exchange economy in which agents in three geographically separated villages must develop multilateral exchange networks to import a good only available abroad. For treatments, we induce two distinct institutional histories to investigate how past experience with property rights affects the evolution of specialization and exchange. We find that a history of unenforced property rights hinders our subjects' ability to develop the requisite personal social arrangements to support specialization and effectively exploit impersonal long-distance trade.

Scope of Project

JEL Classification:  View help for JEL Classification
      D51 Exchange and Production Economies
      P14 Capitalist Systems: Property Rights


Related Publications

Download this project

Published Versions

V1 [2019-10-12]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.