How are markets made?

Abstract: "The purpose of this paper is to analyze the making of markets. The paper identifies two ideal-typical processes in which markets are made - organized making and spontaneous making - which are often combined in reality. Organized making is defined as a process in which at least two actors come together and decide on the order of the market. There are two ways of organized making of markets, called 'state-governed market making' and 'self-governed market making.' Spontaneous making is defined as a process in which the market is an unintended result of actors' activities. The attention sociologists have paid to the issue of market making has been directed largely at organized market making. This paper develops a sociological approach that integrates both spontaneous and organized market making, and identifies three phases of market making. This involves a discussion of empirical cases, and seven hypotheses are presented that make predictions for the two types of market making. The pa

Angaben zum Objekt

• Weitere Titel: Wie werden Märkte geschaffen?
• Standort: Deutsche Nationalbibliothek Frankfurt am Main
• Umfang: Online-Ressource, 34 S.
• Sprache: Englisch
• Anmerkungen: Veröffentlichungsversion

Verweise und Beziehungen

• Erschienen in: MPIfG Working Paper ; Bd. 09/2

Klassifikation und Themen

• Klassifikation: Wirtschaft
• Schlagwort: Markt ; Wirtschaftssoziologie ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Veröffentlichung
• (wo): Köln
• (wann): 2009
• Urheber: Aspers, Patrik
• Beteiligte Personen und Organisationen: Max-Planck-Institut für Gesellschaftsforschung

Weitere Informationen

• URN: urn:nbn:de:0168-ssoar-305074
• Rechteinformation: Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Letzte Aktualisierung: 25.03.2025, 13:48 MEZ