This blog post is a sequel to “Price of a Woman: Economic Rationale behind Marriage Payments in Georgia”. I recently found very interesting data about bride prices in the Georgian highlands and the North Caucasus, which I am now going to share with you.
Payment to a bride's parents was widespread in the Georgian highlands and the North Caucasus. This custom was rooted in local traditions and everyone obeyed it. Bride prices were either paid in money or its equivalent in livestock, most commonly in oxen. The price would vary according to the social standi...
ISET Economist Blog
A blog about economics in the South Caucasus.
Dec
22
Nov
02
I am not addicted to TV but I found myself sitting in front of the TV almost 24 hours a day before the 2012 Georgian parliamentary elections. I considered myself a rational consumer of information, so it was surprising that was unable to resist the temptation to watch a channel presenting quite slanted opinions. My previously apolitical friends were experiencing the same phenomena. This post is reflection of this. How is it that rational consumers of information like me could come to be consciously watching politically slanted news? How and why was the G...
Aug
22
We economists tend to search for economics behind everything. It's as if it is some kind of disease, for which there is no cure. I admit, I myself suffer from it.
Last weekend I visited Shatili, a historic highland village in Georgia located near the border with Chechnya. This unique fortress built with stone and mortar, isolated from the rest of the world makes you think about your ancestors. Our guide told us many interesting facts about people from the highlands, and one of them attracted my attention very much. Particularity the existence of “Urvadi”...
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