Anmerkungen:
Zsfassungen in dt. und engl. Sprache
Systemvoraussetzungen: Acrobat Reader
Beschreibung:
The Discussion Paper develops a proposal for understanding the theoretical vantage point of the sociology of markets, focusing on the problem of the social order of markets. The initial premise is that markets are contingent arenas of social action, which can only operate if three coordination problems with which market actors are inevitably confronted are resolved. I define these coordination problems as the value problem, the problem of competition and the cooperation problem. These problems can only be resolved based on stable reciprocal expectations on the part of market actors, which have their basis in the socio-structural, institutional and cultural embedding of market action. The sociology of markets aims to investigate how market action is structured by these expectations and to examine their dynamic processes of change. Market exchange is recognized as a form of social action that cannot be explained by a "natural propensity to truck, barter and exchangeʺ (Adam Smith), but only by the institutional structures, social networks and horizons of meaning within which market actors encounter one other.