Comment on "The Complex Market: Communications of Exchange, Observing Competitors, and Prices" by Pascal Goeke and Evelyn Moser
Journal
Sociologica - International Journal for Sociological Debate
ISSN
1971-8853
Type
journal article
Date Issued
2018-07-26
Author(s)
Abstract (De)
This comment on the essay “The Complex Market: Communications of Exchange, Observing Competitors, and Prices” by Pascal Goeke and Evelyn Moser (2018, Sociologica, 1) focuses on their discussion of how market actors observe one another, which is a theme connected to issues of prices and competition. In contrast to other coordination forms, i.e., mainly networks and organizations (hierarchies), markets require that those trading in markets are free to those so. Markets come with noise and disorder, due to the mutual adjustment that occurs between those trading in ordered markets. The general condition of markets is order. The text presents types of markets and argues that the role of mutual observation correlates with the type of market in question.
Language
English
Keywords
market
order
observation
mutual adjustment
organization
HSG Classification
contribution to scientific community
HSG Profile Area
SHSS - Kulturen, Institutionen, Maerkte (KIM)
Refereed
No
Publisher
Department of Arts, University of Bologna; Associazione culturale Sociologica
Volume
Volume 2
Number
No 1
Start page
101
End page
104
Pages
3
Subject(s)
Eprints ID
258517
File(s)![Thumbnail Image]()
Name
Aspers2018_comment_ComplexMarket.pdf
Size
82.32 KB
Format
Adobe PDF
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