Settlement & Clearing

19 curated papers.

Contract Enforceability and Economic Institutions in Early Trade: The Maghribi Traders' Coalition

Greif, A. — 1993, American Economic Review 83(3):525-548

Verified

Multilateral reputation enforcement via information transmission (contested by EO2012; honest read = layered reputation + courts)

Settlement & Clearing

The Rise and Decline of the Medici Bank, 1397–1494

de Roover, R. — Harvard University Press, 1963

Verified

Partnership-of-partnerships topology + hard per-counterparty exposure caps (Bruges 6,000 lb. groat) whose unenforced breach (Portinari → Charles the Bold) collapsed the bank

Settlement & Clearing