IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/42399.html
   My bibliography  Save this paper

Property rights and democratic values in Bronze Age and Archaic Greece

Author

Listed:
  • Kyriazis, Nicholas
  • Economou, Emmanouel/Marios/Lazaros

Abstract

In the present essay we introduce the concept of macroculture as a complex of mutually supporting values, norms and beliefs in various areas of human activity, like war, religion, politics, athletics, etc. in a model. Then, by applying the concept of bounded rationality, we analyse how some macrocultures that are favorable or the ‘precondition’ for the emergence of democracy and institutions develop, in particular property rights, that foster economic development. We analyze this for Bronze Age and Archaic Greece, as being the historical case where such a macroculture favorable to democracy and stable property rights first emerged. Our main findings indicate that during Mycenaean and Archaic age period, the emergence of various elements of macroculture, in warfare, religion, city-state environment and athletic games evolved into similar proto-democratic values leading to the establishment of democracy as a political phenomenon in Classical Greece.

Suggested Citation

  • Kyriazis, Nicholas & Economou, Emmanouel/Marios/Lazaros, 2012. "Property rights and democratic values in Bronze Age and Archaic Greece," MPRA Paper 42399, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:42399
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/42399/1/MPRA_paper_42399.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sascha O. Becker & Ludger Woessmann, 2009. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(2), pages 531-596.
    2. Bitros, George C. & Karayiannis, Anastassios D., 2008. "Values and institutions as determinants of entrepreneurship in ancient Athens," Journal of Institutional Economics, Cambridge University Press, vol. 4(2), pages 205-230, August.
    3. Avner Greif, 2008. "Commitment, Coercion and Markets: The Nature and Dynamics of Institutions Supporting Exchange," Springer Books, in: Claude Ménard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, chapter 28, pages 727-786, Springer.
    4. Christoph A. Schaltegger & Benno Torgler, 2009. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History: A Comment on Becker and Woessmann," CREMA Working Paper Series 2009-06, Center for Research in Economics, Management and the Arts (CREMA).
    5. North, Douglass C, 1978. "Structure and Performance: The Task of Economic History," Journal of Economic Literature, American Economic Association, vol. 16(3), pages 963-978, September.
    6. Robert Fleck & F. Hanssen, 2009. "“Rulers ruled by women”: an economic analysis of the rise and fall of women’s rights in ancient Sparta," Economics of Governance, Springer, vol. 10(3), pages 221-245, July.
    7. Douglass C. North, 2008. "Institutions and the Performance of Economies over Time," Springer Books, in: Claude Ménard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, chapter 1, pages 21-30, Springer.
    8. Pitsoulis, Athanassios, 2011. "The egalitarian battlefield: Reflections on the origins of majority rule in archaic Greece," European Journal of Political Economy, Elsevier, vol. 27(1), pages 87-103, March.
    9. Nicholas Kyriazis, 2009. "Financing the Athenian state: public choice in the age of Demosthenes," European Journal of Law and Economics, Springer, vol. 27(2), pages 109-127, April.
    10. Carl Hampus Lyttkens, 1997. "A Rational-Actor Perspective on the Origin of Liturgies in Ancient Greece," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 153(3), pages 462-462, September.
    11. Lazaric, Nathalie, 2011. "Organizational routines and cognition: an introduction to empirical and analytical contributions," Journal of Institutional Economics, Cambridge University Press, vol. 7(2), pages 147-156, June.
    12. Solow, Robert M, 1985. "Economic History and Economics," American Economic Review, American Economic Association, vol. 75(2), pages 328-331, May.
    13. Frey, Bruno S & Buhofer, Heinz, 1988. "Prisoners and Property Rights," Journal of Law and Economics, University of Chicago Press, vol. 31(1), pages 19-46, April.
    14. Colin Camerer & Ari Vepsalainen, 1988. "The economic efficiency of corporate culture," Strategic Management Journal, Wiley Blackwell, vol. 9(S1), pages 115-126, June.
    15. Claude Menard & Mary M. Shirley (ed.), 2005. "Handbook of New Institutional Economics," Springer Books, Springer, number 978-0-387-25092-2, September.
    16. George Halkos & Nickolas Kyriazis, 2010. "The Athenian economy in the age of Demosthenes: path dependence and change," European Journal of Law and Economics, Springer, vol. 29(3), pages 255-277, June.
    17. Nicholas Kyriazis & Michel Zouboulakis, 2004. "Democracy, Sea Power and Institutional Change: An Economic Analysis of the Athenian Naval Law," European Journal of Law and Economics, Springer, vol. 17(1), pages 117-132, January.
    18. Vromen, Jack J., 2011. "Routines as multilevel mechanisms," Journal of Institutional Economics, Cambridge University Press, vol. 7(2), pages 175-196, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kyriazis, Nicholas & Economou, Emmanouel/Marios/Lazaros, 2013. "A Comparative analysis of federations: The Achaean federation and the European Union," MPRA Paper 57287, University Library of Munich, Germany.
    2. Economou, Emmanouil Marios Lazaros & Kyriazis, Nicholas, 2014. "Property Rights and Democratic Values in pre-Classical Greece," MPRA Paper 57286, University Library of Munich, Germany.
    3. Economou, Emmanouel/Marios/Lazaros & Kyriazis, Nicholas, 2012. "Macroculture, Athletics and Democracy in ancient Greece," MPRA Paper 45903, University Library of Munich, Germany.
    4. Nicholas Kyriazis & Emmanouil Economou, 2015. "Macroculture, sports and democracy in classical Greece," European Journal of Law and Economics, Springer, vol. 40(3), pages 431-455, December.
    5. Economou, Emmanouel/Marios/Lazaros & Kyriazis, Nicholas, 2013. "The emergence and the development of the federations: The Achaean federation, the United Provinces and the EU," MPRA Paper 47349, University Library of Munich, Germany.
    6. Kyriazis, Nicholas & Paparrigopoulos, Xenophon & Economou, Emmanouel/Marios/Lazaros, 2013. "The Glue of Democracy: Economics, Warfare and Values in Classical Greece," MPRA Paper 45117, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nicholas Kyriazis & Emmanouil Economou, 2015. "Macroculture, sports and democracy in classical Greece," European Journal of Law and Economics, Springer, vol. 40(3), pages 431-455, December.
    2. Economou, Emmanouil Marios Lazaros & Kyriazis, Nicholas, 2014. "Property Rights and Democratic Values in pre-Classical Greece," MPRA Paper 57286, University Library of Munich, Germany.
    3. Economou, Emmanouel/Marios/Lazaros & Kyriazis, Nicholas, 2012. "Macroculture, Athletics and Democracy in ancient Greece," MPRA Paper 45903, University Library of Munich, Germany.
    4. Kyriazis, Nicholas & Metaxas, Theodore, 2013. "The emergence of democracy: a behavioural perspective," MPRA Paper 47146, University Library of Munich, Germany.
    5. Economou, Emmanouel/Marios/Lazaros & Kyriazis, Nicholas, 2015. "Athenian fiscal expansionary policy and peace versus war strategy," MPRA Paper 62987, University Library of Munich, Germany.
    6. Economou, Emmanouel/Marios/Lazaros & Kyriazis, Nicholas & Zachilas, Loukas, 2016. "Interpreting sociopolitical change by using Chaos Theory: A lesson from Sparta and Athens," MPRA Paper 76117, University Library of Munich, Germany.
    7. Emmanouil M. L. Economou & Nicholas C. Kyriazis, 2015. "The First Globalized Economy: Privateers, Joint-Stock Companies, Commerce and the Rise of the United Provinces," International Journal of Social Science Research, Macrothink Institute, vol. 3(2), pages 86-106, September.
    8. Bryan C. McCannon, 2017. "Who pays taxes? Liturgies and the Antidosis procedure in Ancient Athens," Constitutional Political Economy, Springer, vol. 28(4), pages 407-421, December.
    9. Economou Emmanouil M.L. & Kyriazis Nicholas C., 2016. "Choosing Peace Instead of War. A Lesson from Athenian Democracy," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 22(2), pages 191-212, April.
    10. McCannon, Bryan C., 2010. "The median juror and the trial of Socrates," European Journal of Political Economy, Elsevier, vol. 26(4), pages 533-540, December.
    11. Nicholas KYRIAZIS & Emmanouil ECONOMOU, 2013. "Social Contract, Public Choice And Fiscal Repercussions In The Athenian Democracy," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 4(1), pages 61-76.
    12. Kyriazis, Nicholas K. & Karayiannis, Anastassios D., 2011. "Democracy, Institutional Changes and Economic Development: The Case of Ancient Athens," The Journal of Economic Asymmetries, Elsevier, vol. 8(1), pages 61-91.
    13. Arvanitidis Paschalis A. & Kyriazis Nicholas C., 2013. "Democracy and Public Choice in Classical Athens," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 19(2), pages 213-248, August.
    14. McCannon Bryan C., 2012. "The Origin of Democracy in Athens," Review of Law & Economics, De Gruyter, vol. 8(2), pages 531-562, October.
    15. Anastassios Karayiannis & Aristides Hatzis, 2012. "Morality, social norms and the rule of law as transaction cost-saving devices: the case of ancient Athens," European Journal of Law and Economics, Springer, vol. 33(3), pages 621-643, June.
    16. Alberto Alesina & Paola Giuliano, 2015. "Culture and Institutions," Journal of Economic Literature, American Economic Association, vol. 53(4), pages 898-944, December.
    17. Emmanouil Economou & Nicholas Kyriazis & Theodore Metaxas, 2015. "The institutional and economic foundations of regional proto-federations," Economics of Governance, Springer, vol. 16(3), pages 251-271, August.
    18. Nicholas Kyriazis & Theodore Metaxas, 2011. "Path dependence, change and the emergence of the first joint-stock companies," Business History, Taylor & Francis Journals, vol. 53(3), pages 363-374.
    19. Tridimas, George, 2015. "War, disenfranchisement and the fall of the ancient Athenian democracy," European Journal of Political Economy, Elsevier, vol. 38(C), pages 102-117.
    20. Economou, Emmanouel/Marios/Lazaros & Kyriazis, Nicholas, 2017. "Choosing the optimal public choice scenario through a democratic educational procedure: A history from ancient Athens," MPRA Paper 76810, University Library of Munich, Germany.

    More about this item

    Keywords

    Macroculture; Democracy; Property rights; Ancient Greece;
    All these keywords.

    JEL classification:

    • P41 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Planning, Coordination, and Reform
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:42399. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.