Security analysts offer a privileged entry point to study the collective construction of worth in markets characterized by Knightian uncertainty. Analysts have been portrayed as information-processors by neoclassic economists and as conformists by neo-institutional sociologists, but neither...

We discuss the assumptions that underlie path dependence, as defined by Vergne and Durand, and then provide the outlines of an alternative perspective which we label as path creation. Path creation entertains a notion of agency that is distributed and emergent through relational processes that...