In this article I develop a proposal for 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 highly demanding arenas of social interaction, which can only operate if three inevitable...

Die Problematik der Ungewissheit hat sich zu einem zentralen theoretischen Ausgangspunkt wirtschaftssoziologischer Forschung entwickelt. Das Papier diskutiert die Frage, inwieweit Ungewissheit tatsächlich als paradigmatischer Ansatzpunkt zur Untersuchung wirtschaftlicher Phänomene aus...

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...

I argue that in its adaptation from Karl Polanyi's The Great Transformation, the concept of embeddedness has itself undergone a great transformation. In the process, significant meanings of the concept have vanished, while others have been added. First I explore the different meanings the...

Der Beitrag reflektiert theoretisch die gegenwärtige Finanz- und Wirtschaftskrise, wobei die Ausführungen im Zusammenhang mit bestehenden Krisentheorien stehen. Meine These ist, dass die Krisentheorien der "Unregierbarkeit" und des "Spätkapitalismus" darin falsch lagen, den Ausgangspunkt von...

What alternatives to rational choice theory do exist to explain economic phenomena? I argue that American pragmatism presents a viable alternative for the explanation of key economic incidences. First I illustrate the foundations of pragmatism using three problems regularly encountered in action...