This article deals with the concept of market information. In particular, it argues that references to the so-called conduit metaphor, which represents markets as a series of information flows, hide the localized, historically contingent and materially mediated practices of the economy....

This paper sets out a theoretical perspective for understanding the emergence of innovations across multiple hierarchical levels, namely, the innovator, the organisation and the industry network. The perspective is emergentist, drawing on complexity theory, and considers innovation as the...

This paper addresses the relationship between foresight and entrepreneurship. It characterises the foresight inherent in entrepreneurial activity as situated within particular discourses, or communities of practice (CoPs) in a range of structures. The argument is based on the use of complexity...

This paper addresses two related issues: the effect of the `regulatory shock' of the National Minimum Wage on small firms and the consequent effects on the commonly observed practice of 'informality', It draws on a survey of such firms but primarily uses case study evidence from five firms to...

Irving Fisher wrote a significant number of papers towards the end of his career on the design of the U.S. tax system. These writings culminated in a book that lie wrote with his brother Herbert in 1942. Fisher thought that the double taxation of saving under an income tax was extremely harmful...

This paper examines workplace restructuring in three department stores in the Czech Republic in early 1994. All had previously belonged to the state-owned store chain of Czechoslovakia; one which we call Shop, was a major Prague store still in state ownership at the time of research, although it...

The Black-Scholes-Merton formula has been put to widespread use by options traders because it provides a means of calculating the theoretically 'correct' price of stock options. Traders can therefore see whether the market price of stock options undervalues or overvalues them compared with their...

The existing academic literature on financialization points to multiple instances in which firms attempt to demonstrate the vitality of their stock-market position in ways which ultimately prove to be self-harming. I demonstrate, in the first instance as a matt er of immanent logic, that these...

How did companies at the Trade Center respond to the destruction brought about by the attack on September 11th? In this paper we look through the concrete and glass facade of the twin towers into the socio-technical networks of people, machines, and ideas that constituted the trading rooms. We...

Is the growth of modern financial risk management a result of the accuracy and reliability of risk models? In this paper we argue that the remarkable success of today's financial risk management methods should be attributed primarily to their communicative and organizational usefulness and less...