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

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.

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.

Item Type:Article
Keywords:Trust, Norms, Morality, Institutions, Markets, Nigeria, Africa.
Full text:(AM) Accepted Manuscript
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Status:Peer-reviewed
Publisher Web site:http://dx.doi.org/10.1093/cje/bem008
Publisher 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
Date accepted:No date available
Date deposited:02 January 2015
Date of first online publication:2009
Date first made open access:No date available

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