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The Organization of Markets
Stockholm University, Faculty of Social Sciences, Department of Sociology. Stockholm University, Faculty of Social Sciences, Stockholm Centre for Organizational Research (SCORE).
2015 (English)In: Organization Studies, ISSN 0170-8406, E-ISSN 1741-3044, Vol. 36, no 1, 7-27 p.Article, review/survey (Refereed) Published
Abstract [en]

Markets have sometimes been described as vastly different from and even opposite to formal organizations. But markets and organizations share a similarity as well. Both are organized - by the use of decisions on membership, rules, monitoring, sanctions or hierarchy. Market organization creates differences among markets, and specific dynamics, which can be explained by the actions and interactions of market organizers: profiteers, others', sellers and buyers. The concept of market organization is an analytical tool, which can be used for analysing why and how markets are created, why they get their specific form and how they change.

Place, publisher, year, edition, pages
2015. Vol. 36, no 1, 7-27 p.
Keyword [en]
economic sociology, market, order, organizational forms, partial organization, governance
National Category
Sociology Business Administration
Identifiers
URN: urn:nbn:se:su:diva-112892DOI: 10.1177/0170840614544557ISI: 000346271100001OAI: oai:DiVA.org:su-112892DiVA: diva2:783269
Note

AuthorCount:3;

Available from: 2015-01-25 Created: 2015-01-19 Last updated: 2017-12-05Bibliographically approved

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