@ARTICLE{26589739_26594126_2009, author = {Clifford Geertz}, keywords = {, bazaar, clientelization, bargaining, institutional structuresearch for information}, title = { The Bazaar Economy: Information and Search in Peasant Marketing}, journal = {Economic Sociology}, year = {2009}, volume = {10}, number = {2}, pages = {54-62}, url = {https://ecsoc.hse.ru/en/2009-10-2/26594126.html}, publisher = {}, abstract = {This paper describes major principles governing the organization of bazaar. The bazaar economy shows a number of distinctive characteristics that distinguish it from the perfect market as well as non-market economy. The search for information and its protection are central treats of life in the bazaar. Search effi ciency depends on two most important procedures, namely: clientelization and bargaining. The bazaar does not correspond to a stereotypical vision describing it as a chaotic crowd phenomenon. Instead, it presents a complex structure of ties among participants involved in close relations of competition and interdependency}, annote = {This paper describes major principles governing the organization of bazaar. The bazaar economy shows a number of distinctive characteristics that distinguish it from the perfect market as well as non-market economy. The search for information and its protection are central treats of life in the bazaar. Search effi ciency depends on two most important procedures, namely: clientelization and bargaining. The bazaar does not correspond to a stereotypical vision describing it as a chaotic crowd phenomenon. Instead, it presents a complex structure of ties among participants involved in close relations of competition and interdependency} }