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The Governance of Early Modern Trade: The Case of Hans Thijs, 1556–1611

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  • Gelderblom, Oscar

Abstract

In this article the organization of early modern trade is analyzed through a case study of the business of Hans Thijs, an Antwerp merchant who worked in Danzig and Amsterdam in the late sixteenth and early seventeenth century. His career demonstrates how early modern merchants combined markets, personal relations, and firms to govern their transactions. The complementary relationships among these institutions helped to minimize information and enforcement costs. A comparison of Hans Thijs' business organization in Danzig (1585–1595) and in Amsterdam (1595–1611) shows that trade was governed more efficiently in markets of greater scale and scope.

Suggested Citation

  • Gelderblom, Oscar, 2003. "The Governance of Early Modern Trade: The Case of Hans Thijs, 1556–1611," Enterprise & Society, Cambridge University Press, vol. 4(4), pages 606-639, December.
    • Handle: RePEc:cup:entsoc:v:4:y:2003:i:04:p:606-639_01
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    Cited by:

    1. Jeremy Edwards & Sheilagh Ogilvie, 2012. "Contract enforcement, institutions, and social capital: the Maghribi traders reappraised," Economic History Review, Economic History Society, vol. 65(2), pages 421-444, May.
    2. Maria Brouwer, 2005. "Managing Uncertainty through Profit Sharing Contracts from Medieval Italy to Silicon Valley," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 9(3), pages 237-255, September.
    3. Erik Lindberg, 2009. "Club goods and inefficient institutions: why Danzig and Lübeck failed in the early modern period," Economic History Review, Economic History Society, vol. 62(3), pages 604-628, August.
    4. Thomas Leng, 2016. "Interlopers and disorderly brethren at the Stade Mart: commercial regulations and practices amongst the Merchant Adventurers of England in the late Elizabethan period," Economic History Review, Economic History Society, vol. 69(3), pages 823-843, August.
    5. Stephen Quinn, 2008. "Securitization of Sovereign Debt: Corporations as a Sovereign Debt Restructuring Mechanism in Britain, 1694-1750," Working Papers 200701, Texas Christian University, Department of Economics.
    6. Ogilvie, Sheilagh & Carus, A.W., 2014. "Institutions and Economic Growth in Historical Perspective," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 8, pages 403-513, Elsevier.

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