Overview
- Provides an overview of the relation between information and distribution in historical and theoretical perspectives, following the John Hicks doctrine that History and Theory should be the inseparable parts of the whole structure.
- Provides a variety of applied models that include not only a transaction function but also an information, risk-bearing function as distinguishing features of modern distribution systems today.
- Identifies the distinguishing features of the Japanese distribution system, as exemplified by the Ohmi merchants, compared with distribution systems in Europe and the United States.
Part of the book series: New Frontiers in Regional Science: Asian Perspectives (NFRSASIPER, volume 49)
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Table of contents (9 chapters)
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Front Matter
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Merchants: Historical Perspective
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Front Matter
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Information Exchange: Theoretical Perspective
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Front Matter
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Risk Aversion: Mathematical Perspective
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Front Matter
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Keywords
About this book
The purpose of this book is to discuss the relationship between information and distribution, with special reference to the role of the merchant in a market economy under conditions of risk and uncertainty. By working with simple models of the market economy and conducting a sequence of comparative analyses, the authors shed new light on an important yet rather neglected area in economics.
In a historical perspective, the merchants of Ohmi, the former name of Shiga Prefecture in western Japan, are known to have put great faith in the principles of Sampo Yoshi or the all-around advantages of trading. It is hoped that the results presented in this book will provide some solid ground for such an old principle that can be seen in a new light. Applications to regional and many related problems are also discussed here.
A distribution system is broadly defined as the systematic mechanisms and structures that regulate business operations, and its function is to maximize corporate value. Some of the following functions have previously been identified as distinguishing features of the Japanese distribution system compared with distribution systems in Europe and the United States: not only transactions, transportation, and storage, but also information, risk-bearing functions, and other characteristics. This book provides an overview of the distribution system in Japan, including changes that its practice have undergone and its current state; identifies current problems; and considers how these problems should be addressed.Authors and Affiliations
About the authors
Keisuke Sasaki, Professor, Department of Economics, Toyo University, k_saki_k@toyo.jp, Hakusan 5-28-20, Bunkyouku, Tokyo, 112-8606, Japan
Bibliographic Information
Book Title: Information and Distribution
Book Subtitle: The Role of Merchants in the Market Economy Under Uncertainty
Authors: Yasuhiro Sakai, Keisuke Sasaki
Series Title: New Frontiers in Regional Science: Asian Perspectives
DOI: https://doi.org/10.1007/978-981-10-0101-7
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Nature Singapore Pte Ltd. 2021
Hardcover ISBN: 978-981-10-0100-0Published: 30 April 2021
Softcover ISBN: 978-981-33-6488-2Published: 01 May 2022
eBook ISBN: 978-981-10-0101-7Published: 25 April 2021
Series ISSN: 2199-5974
Series E-ISSN: 2199-5982
Edition Number: 1
Number of Pages: XV, 206
Number of Illustrations: 50 b/w illustrations, 3 illustrations in colour
Topics: Regional/Spatial Science, Political Economy/Economic Systems, History of Economic Thought/Methodology