Conventions and Structures in Economic Organizat – Markets, Networks and Hierar…
Conventions and Structures in Economic OrganizationMarkets, Networks and Hierarchies\nAuthor(s): Olivier Favereau, Emmanuel Lazega\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781840645101, 978-1840645101\nSynopsis\nFor individual actors involved in economic activities ([url] production, exchanges), conventions and structures represent two different types of opportunity or constraint. Conventions refer to values, rules and representations that influence economic behaviour. Structures refer to patterns of resource interdependencies existing among members of any social system. This book contributes to the current rapprochement between economics and sociology. It examines the fact that individuals use rules and interdependencies to forward their own interests, while living in social environments where everyone does the same. The authors argue that to construct durable organizations and viable markets, they nee.
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