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Market institutions, trust and norms: exploring moral economies in Nigerian food systems

Lyon, F.; Porter, G.

Market institutions, trust and norms: exploring moral economies in Nigerian food systems Thumbnail


Authors

F. Lyon



Abstract

Informal market institutions and small-scale traders are responsible for feeding Nigerian cities. This study analyses a range of economic relationships and institutions that have evolved in the context of inadequate formal institutions such as banks and legal contracts. Through examining both personal relationships and institutional based trust, the paper explores the role of moral norms. Trust is shown to be related to sanctions, information on other parties and a range of norms that are drawn on both calculatively and habitually. The perceived moralities of different forms of institution (such as credit systems, trader associations and commission agents) are also examined.

Citation

Lyon, F., & Porter, G. (2009). Market institutions, trust and norms: exploring moral economies in Nigerian food systems. Cambridge Journal of Economics, 33(5), 903-920. https://doi.org/10.1093/cje/bem008

Journal Article Type Article
Publication Date Jan 1, 2009
Deposit Date Oct 27, 2011
Publicly Available Date Mar 29, 2024
Journal Cambridge Journal of Economics
Print ISSN 0309-166X
Electronic ISSN 1464-3545
Publisher Oxford University Press
Peer Reviewed Peer Reviewed
Volume 33
Issue 5
Pages 903-920
DOI https://doi.org/10.1093/cje/bem008
Keywords Trust, Norms, Morality, Institutions, Markets, Nigeria, Africa.

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Accepted Journal Article (335 Kb)
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Copyright Statement
This is a pre-copyedited, author-produced PDF of an article accepted for publication in Cambridge journal of economics following peer review. The definitive publisher-authenticated version Lyon, F. and Porter, G. (2009) 'Market institutions, trust and norms : exploring moral economies in Nigerian food systems.', Cambridge journal of economics., 33 (5). pp. 903-920 is available online at: http://dx.doi.org/10.1093/cje/bem008





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