Historical Property Rights, Sociality, and the Emergence of Impersonal Exchange in Long-Distance Trade
通过实验室实验，研究历史产权经验如何影响人们从人格化交换发展出非人格化长途贸易的能力，发现未强制执行的产权历史会阻碍专业化和社会安排的形成。
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.