Extralegal Governance by Peng Wang

Regular price
Checking stock...
Regular price
Checking stock...
Summary

Extralegal Governance provides the first comprehensive account of China's illegal markets. It deepens the understanding of the nature of illegal markets and the exchange relationships within them. Based on in-depth fieldwork, it explores how market participants foster cooperation and mitigate risks in various illegal markets.

The feel-good place to buy books
  • Free US shipping over $15
  • Buying preloved emits 41% less CO2 than new
  • Millions of affordable books
  • Give your books a new home - sell them back to us!

Extralegal Governance by Peng Wang

Drawing on insights from sociology and new institutional economics, Extralegal Governance provides the first comprehensive account of China's illegal markets by applying a socio-economic approach. It considers social legitimacy and state repression in examining the nature of illegal markets. It examines how power dynamics and varying levels of punishment shape exchange relationships between buyers and sellers. It identifies context-specific risks and explains how private individuals and organizations address these risks by developing extralegal governance institutions to facilitate social cooperation across various illegal markets. Adopting a multiple-case study design to sample China's illegal markets, this book utilizes four cases - street vending, small-property-rights housing, corrupt exchanges, and online loan sharks - to examine how market participants foster cooperation and social order in illegal markets.
Peng Wang is Associate Professor in the Department of Sociology, the University of Hong Kong. He is the author of The Chinese Mafia: Organized Crime, Corruption and Extralegal Protection (2017). His research interests include organized crime, illegal markets, corruption, economic sociology, bureaucracy, and governance. Wanlin Lin is Associate Professor at the School of Law, Sun Yat-sen University, Guangzhou, China. Her current research applies institutional economics, law and economics, and game theory to study informal property rights, illegal markets, knowledge governance in China, and interactions between formal and informal institutions.
SKU Unavailable
ISBN 13 9781009622172
ISBN 10 100962217X
Title Extralegal Governance
Author Peng Wang
Series Cambridge Studies In Economics Choice And Society
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 2025-07-31
Number of pages 200
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.