This paper discusses sociological analyses of the formation and role of expectations in the economy. Recognition of the social constitution of expectations advances the understanding of economic action under conditions of uncertainty and helps to explain core features of modern capitalist...

Reputation systems are commonplace in online markets, such as on peer-to-peer sharing platforms. These systems have been argued to be a solution to (ethnic) discrimination on such platforms. This argument is based on empirical studies showing that ethnic disadvantages are smaller for users with...

I empirically assess the importance of socially interdependent origin cultures as opposed to socially independent ones for network effects in inter-national migration. I propose that societies that emphasise collectivist behaviour accumulate larger levels of communityspecific social capital than...

Economic sociologists have rarely studied organizational reasons why market design processes fail. Drawing on the organizational literature on mistakes and accidents, the paper identifies such reasons for a fatal design decision during the creation of California's first electricity markets....

I empirically assess the importance of socially interdependent origin cultures as opposed to socially independent ones for network effects in inter-national migration. I propose that societies that emphasise collectivist behaviour accumulate larger levels of communityspecific social capital than...

The agrifood products market has never before contained as many niches than it does at this moment in history. The use of geographical indication (GIs) is one of the oldest ways of granting protection for and promoting these goods. Although they date back thousands of years, only since the...

Economic sociologists have rarely studied organizational reasons why market design processes fail. Drawing on the organizational literature on mistakes and accidents, the paper identifies such reasons for a fatal design decision during the creation of California’s first electricity markets....

The agrifood products market has never before contained as many niches than it does at this moment in history. The use of geographical indication (GIs) is one of the oldest ways of granting protection for and promoting these goods. Although they date back thousands of years, only since the...

How does financialization of the economy impact public governance of natural resources? One way includes a shift in how savings and cash accumulation are understood and practiced within public agencies. This article proffers that in the second half of the twentieth century, it became a...

Throughout the long postwar period, crisis was a conjectural phenomenon and the exception in a normalcy of growth and social progress. Many key concepts of the social sciences - indeed, our understanding of democracy, embedded markets, enlightened electorates, benevolent political elites, and...

This paper studies the research interests, paradigmatic orientation and political orientation of about 700 full professors of economics at universities located in German-speaking countries. In doing so, we captured biographical and institutional information on these professorships by collecting...

This paper discusses sociological analyses of the formation and role of expectations in the economy. Recognition of the social constitution of expectations advances the understanding of economic action under conditions of uncertainty and helps to explain core features of modern capitalist...

Max Weber's relationship to economics in general and to the Austrian School in particular has received more attention recently. However, this literature as conducted by Weber scholars and by Austrian economists exhibits two major deficiencies. First, the studies are often either purely...

This paper constitutes the start of a project dedicated to Austrian economist and economic sociologist Friedrich von Wieser (1851-1926). Its central claim is that especially in recent decades, Wieser has become a disproportionately underresearched scholar, and the paper provides a set of...

"The Political Economy Reader advocates a particular approach to the study of political economy - the "market-institutional" perspective - which emphasizes the ways in which markets are embedded in political and social institutions. This perspective offers a compelling alternative to the...

"Development and Social Change: A Global Perspective describes the dramatic acceleration of the global and political economy in a story that has four parts: colonialism, the development era, the current era of globalization, and global counter-movements for equity and sustainability. The text,...

Introduction. An introduction to the ageing world ahead -- Part one. The global challenge of ageing and the global response -- Chapter 1. The global challenge of ageing and the global context -- Chapter 2. The international challenge of ageing and the international response -- Part two. The...

Introduction -- Nineteenth Century German Political Economy -- Max Weber and Becoming a Political Economist. 1890-1900 -- Max Weber and Becoming a Social Economist. 1900-1910 -- Max Weber and Sozial Ökonomik. 1910-1920 -- Max Weber's Social Economics. A Path Not Taken.

This paper investigates the drivers of support for market mechanisms (competition and optimizing behavior by agents). We elicit such attitudes using concrete and simplified situations where respondents face a tradeoff between an economically efficient situation and a pro-social objective. We...

Social stratification is determined not only by income, education, race, and gender, but also by an individual's job characteristics and their position in the industrial structure. Utilizing a dataset of 76.6 million Brazilian workers and methods from network science, we map the Brazilian...

Vincent Ostrom's legacy is revisited in this paper along three dimensions: Ostrom's contributions as a historian of politico-economic thought, as a complexity theorist, and as an epistemologist. All three dimensions are captured from a perspective which has seldom been studied systematically...

New economic sociology (NES) in Germany has many similarities with economic sociology in the United States in its conscious efforts to institutionalize its presence within the broader sociology community, its promotion of a canon via handbooks, and its focus on the sociology of markets. At the...

This book presents studies of ways in which people and organizations deal with the overflow of information, goods, or choices. The contributors explore two main themes. The first is the emergence of overflows: What is defined as overflow? Here the notion of framing as coined by Michel Callon has...

Vincent Ostrom's legacy is revisited in this paper along three dimensions: Ostrom's contributions as a historian of politico-economic thought, as a complexity theorist, and as an epistemologist. All three dimensions are captured from a perspective which has seldom been studied systematically...

Behavioral economics has become a dominant set of theories in explaining economic behavior, yet such behavior remains under the limited purview of psychological, cognitive, or neural approaches. This article draws on and extends Viviana Zelizer's social meaning of money framework in conjunction...