Abstract
Craft guilds were formal professional organizations in medieval and early modern Europe that operated in specific areas of industrial production. The primary objective of these organizations was to protect interests of their members. To achieve this goal, craft guilds engaged in a variety of activities from which obtaining legal monopolies over local production and trade within their crafts was the most important.
Publication
Encyclopedia of Law and Economics
David Dolejší, Ph.D.
Manager in Financial Risk Modeling
My expertise is in the area of banking and financial regulations with a particular focus on model risk management and model validation.