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Tuesday, August 2, 2005

Diamonds!

Richman, Barak D., "How Communities Create Economic Advantage: Jewish Diamond Merchants in New York" (March 2005). Duke Law School Legal Studies Research Paper No. 65; Harvard Law and Economics Discussion Paper No. 384. http://ssrn.com/abstract=349040

This fascinating article explores how the diamond merchant market in New York has maintained a competitive advantage over other markets because of various values held by and enforced by the community.

http://lawprofessors.typepad.com/contractsprof_blog/2005/08/diamonds.html

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