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Information, Knowledge, and Economic Life - An Introduction to the Sociology of Markets (Paperback)
Loot Price: R1,806
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Information, Knowledge, and Economic Life - An Introduction to the Sociology of Markets (Paperback)
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Total price: R1,816
Discovery Miles: 18 160
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As financial markets have assumed increasing prominence in
societies, economic sociology's insights into their operations have
provided some of the most cogent explanations of how they affect
our world.
The book systematically surveys the most important sociological
approaches to markets, taking information as the key concept in the
analysis of transactions. It examines the differences between
economic and sociological concepts of information, showing how the
latter can ground a genuinely sociological research programme in
the investigation of markets. This is the first book to bring
together and discuss different approaches to markets in
contemporary economic sociology with respect to the links between
information and transactions.
Structured on a scale which goes from the analysis of economic
exchanges as social interactions to the examination of social
institutions which support global markets, the book highlights the
social and cultural factors shaping the production, diffusion, and
uses of economic information. Based on a systematic discussion of
the latest research on economic interactions, the book investigates
how information is constituted in market transactions; the role
played by emotions; the role of shared cognitive frameworks in
shaping information. It integrates the analysis of economic groups,
networks, and communities with that of forms of economic expertise,
technologies, organizations, and institutions which constitute
markets.
The book analyzes the social structures supporting market
transactions, discussing networks of social relationships, groups,
and market communities with respect to information. It shows how
newer concepts like performativity, with several versions and
applications, contribute to a better understanding of market
dynamics. Using examples, the book discusses the increased
technological complexity of markets and its consequences with
respect to how information is processed in transactions.
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