Johnson, Timothy C. - In: Finance and Society 2 (2016) 1, pp. 62-85
This article develops a pragmatic theory of finance in which markets are considered to be centres of communicative … action in the face of uncertainty. This contrasts with the conventional approach that portrays markets as centres of … truthfulness, truth, and rightness of the statements made by its participants (i.e., the prices quoted). I claim that these …