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

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  • Fergus Lyon
  • Gina Porter

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. Copyright The Author 2007. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

Suggested Citation

  • Fergus Lyon & Gina Porter, 2009. "Market institutions, trust and norms: exploring moral economies in Nigerian food systems," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(5), pages 903-920, September.
    • Handle: RePEc:oup:cambje:v:33:y:2009:i:5:p:903-920
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    File URL: http://hdl.handle.net/10.1093/cje/bem008
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    Citations

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    Cited by:

    1. Luca Andriani, 2012. "Tax Morale and Pro-Social Behavior: Evidence from a Palestinian Survey," Working Papers 712, Economic Research Forum, revised 2012.
    2. Wentao Si & Chen Jiang & Lin Meng, 2022. "Leaving the Homestead: Examining the Role of Relative Deprivation, Social Trust, and Urban Integration among Rural Farmers in China," IJERPH, MDPI, vol. 19(19), pages 1-28, October.
    3. Scheiterle, Lilli & Birner, Regina, 2021. "The Myth of the Market Queens: a Case Study of Women and Power in Ghanaian Markets," 2021 Conference, August 17-31, 2021, Virtual 315924, International Association of Agricultural Economists.
    4. Hammad Siddiqi, 2011. "A Creative Institutional Response to Twin Problems of Liquidity and Information Gaps in Certain Emerging Markets," International Review of Finance, International Review of Finance Ltd., vol. 11(4), pages 537-552, December.
    5. Ebata, A. & Win, K.S. & Loevinsohn, M. & Macgregor, H., 2018. "Value chain governance and institutions behind biosecurity along pig value chains in Myanmar," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277082, International Association of Agricultural Economists.
    6. Carias Vega, Dora & Keenan, Rodney J., 2016. "Transaction costs and the organization of CFEs: Experiences from ejidos in Quintana Roo, Mexico," Forest Policy and Economics, Elsevier, vol. 70(C), pages 1-8.
    7. Carías Vega, Dora E. & Keenan, Rodney J., 2016. "Situating community forestry enterprises within New Institutional Economic theory: What are the implications for their organization?," Journal of Forest Economics, Elsevier, vol. 25(C), pages 1-13.
    8. Alexander E. Saak, 2012. "Collective Reputation, Social Norms, and Participation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(3), pages 763-785.
    9. Aashish Argade & Arnab Kumar Laha & Anand Kumar Jaiswal, 2022. "Electronic marketplaces under conditions of oligopsony and relational marketing – an empirical exploration of electronic agricultural markets in India," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(3), pages 1541-1554, September.
    10. Scheiterle, Lilli & Birner, Regina, 2018. "Gender, knowledge and power: A case study of Market Queens in Ghana," 2018 Annual Meeting, August 5-7, Washington, D.C. 274125, Agricultural and Applied Economics Association.

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