Information and Distribution: The Role of Merchants in the Market Economy Under Uncertainty

This book discusses the relationship between information and distribution, with special reference to the role of the merchant in a market economy under conditions of risk and uncertainty. It provides an overview of the distribution system in Japan, including changes that its practice has undergone and its current state, identifies current problems, and considers how these problems should be addressed.

Format: Paperback / softback
Length: 206 pages
Publication date: 01 May 2022
Publisher: Springer Verlag, Singapore

The purpose of this book is to delve into the intricate relationship between information and distribution, with a particular focus on the role of merchants in a market economy under the constraints of risk and uncertainty. Through the use of simplified models of the market economy and a series of comparative analyses, the authors aim to shed new light on an important yet often overlooked area in economics.

In a historical context, the merchants of Ohmi, the former name of Shiga Prefecture in western Japan, are renowned for their unwavering belief in the principles of Sampo Yoshi or the all-encompassing benefits of trading. It is the hope that the findings presented in this book will provide solid support for such an ancient principle, offering a fresh perspective on its relevance. Furthermore, applications to regional and related problems are explored in depth.

A distribution system can be broadly defined as the organized mechanisms and structures that govern business operations, with the primary objective of maximizing corporate value. Among the distinguishing features of the Japanese distribution system compared to those in Europe and the United States are its comprehensive scope, encompassing not only transactions, transportation, and storage but also information, risk-bearing functions, and other unique characteristics.

This book serves as a comprehensive overview of the distribution system in Japan, encompassing its historical evolution, current practices, and challenges. It identifies prevailing problems and proposes solutions to address them effectively. By examining the dynamics of information and distribution, this book offers valuable insights into the workings of the Japanese market and its potential for growth and development.

Weight: 349g
Dimension: 235 x 155 (mm)
ISBN-13: 9789813364882
Edition number: 1st ed. 2021