Social studies of finance

Part of a series on
Economic, applied, and development
anthropology
Basic concepts
Provisioning systems
Case studies
Prestations
Gifting
Provisioning
Colonialism and development
Political economy
Related articles
Major theorists
Social and cultural anthropology
Part of a series on
Sociology
Key themes
Perspectives
Branches
Methods
Major theorists

1800s: Martineau · Tocqueville · Marx · Spencer · Le Bon · Ward · Pareto · Tönnies · Veblen · Simmel · Durkheim · Addams · Mead · Weber · Du Bois · Mannheim · Elias

1900s: Fromm · Adorno · Gehlen · Aron · Merton · Nisbet · Mills · Bell · Schoeck · Goffman · Bauman · Foucault · Luhmann · Habermas · Baudrillard · Bourdieu · Giddens
Lists

Social studies of finance is an interdisciplinary research area that combines perspectives from anthropology, economic sociology, science and technology studies, international political economy, behavioral finance, and cultural studies in the study of financial markets and financial instruments. Work in social studies of finance emphasizes the social and cultural dimensions of financial activities, but focuses also on technical and economic dimensions such as pricing and trading.

History

Financial markets have been an object for sociological inquiry since, at least, Max Weber’s Die Börse. The rise of quantitative financial theory in financial economics from the 1950s onwards has led to an academic specialization on financial markets rather focused on economic modeling, and poorly attentive to sociological aspects. In the 1980s, a number of economic sociologists developed empirical investigation on the social structure and cultural characteristics of financial markets, especially in the US. Such pioneering researcher included contributions from Wayne E. Baker, Mitchel Y. Abolafia and Charles W. Smith, and was based on methods such as ethnographic observation or social network analysis. In the 1990s, a number of researchers from the field of science and technology studies such as Karin Knorr-Cetina and Donald A. MacKenzie started also developing empirical research in this area, with close attention to the role of expert knowledge and technology in financial activities.

Main topics

Research topics in social studies of finance include the cultural world and work habits of professionals in financial markets, the globalization and regulation of financial services, the processes of innovation in the financial industry and the problems of risk and uncertainty that characterize such processes.

Major references

  • Adler, Patricia A. and Adler, Peter (eds) (1984) The Social Dynamics of Financial Markets, Greenwich (Connecticut): The JAI Press. ISBN 0-89232-435-X
  • Bernstein, Peter (1993) Capital Ideas: The Improbable Origins of Modern Wall Street, New York: The Free Press. ISBN 0-02-903012-9
  • Abolafia, Mitchel Y. (1997) Making Markets: Opportunism and Restraint on Wall Street, Cambridge (Massachusetts): Harvard University Press. ISBN 0-674-54324-6
  • Hertz, Ellen (1998) The Trading Crowd: An Ethnography of the Shanghai Stock Market, Cambridge: Cambridge University Press. ISBN 0-521-56497-2
  • Smith, Charles W. (1999) Success and Survival on Wall Street: Understanding the Mind of the Market, Lanham (Maryland): Rowman & Littlefield. ISBN 0-8476-9490-9
  • Godechot, Olivier (2001) Les Traders: Essai de Sociologie des Marchés Financiers, Paris: La Découverte. ISBN 2-7071-3385-X
  • Godechot, Olivier (2017) Wages, Bonuses and Appropriation of Profit in the Financial Industry, London: Routledge. ISBN 978-1-138-12396-0
  • Knorr Cetina, Karin and Preda, Alex (eds) (2004) The Sociology of Financial Markets, Oxford: Oxford University Press. ISBN 0-19-927559-9
  • MacKenzie, Donald (2006) An Engine, not a Camera: How Financial Models Shape Markets, Cambridge (Massachusetts): The MIT Press. ISBN 0-262-13460-8

Read other articles:

Greenhorn Mountain

Mountain in Colorado, United States Greenhorn MountainGreenhorn Mountain seen from Walsenburg, ColoradoHighest pointElevation12,352 ft (3,765 m)[1][2]Prominence3,777 ft (1,151 m)[3]Isolation25.24 mi (40.62 km)[3]ListingColorado county high points 35thCoordinates37°52′53″N 105°00′48″W / 37.8814618°N 105.0133256°W / 37.8814618; -105.0133256[1]GeographyGreenhorn MountainColorado Locatio...

 

أورجان بيرغ

أورجان بيرغ   معلومات شخصية الميلاد 20 أغسطس 1968 (العمر 55 سنة)بودو[1][2]  الطول 1.72 م (5 قدم 7 1⁄2 بوصة) مركز اللعب وسط الجنسية النرويج  أبناء باتريك بيرغ  الأب هارالد بيرغ  أخوة وأخوات رونار بيرغ،  وترية بيرغ  [لغات أخرى]‏،  وأريلد بيرغ&...

 

Первородный грех

Об экономическом термине см. Первородный грех (экономика). ХристианствоБиблия Ветхий Завет Новый Завет Евангелие Десять заповедей Нагорная проповедь Апокрифы Бог, Троица Бог Отец Иисус Христос Святой Дух История христианства Апостолы Хронология христианства Ран�...

Heinkel He 70 Blitz

Airliner, mailplane, and light bomber aircraft He 70 Role Mail plane, PassengerType of aircraft National origin Germany Manufacturer Heinkel Flugzeugwerke First flight 1 December 1932 Introduction 1933 Retired 1954 Spanish Air Force[1] Primary users Deutsche Luft HansaLuftwaffeRoyal Hungarian Air Force Number built 324 The Heinkel He 70 Blitz (lightning) was a German mail plane and fast passenger monoplane aircraft of the 1930s designed by Heinkel Flugzeugwerke, which was later u...

 

Ulmus glabra 'Horizontalis'

Elm cultivar Ulmus glabra 'Horizontalis''Horizontalis', Seafield Cemetery, EdinburghSpeciesUlmus glabraCultivar'Horizontalis'OriginPerth, Scotland The Wych Elm cultivar Ulmus glabra 'Horizontalis', commonly known as the Weeping Wych Elm or Horizontal Elm, was discovered in a Perth nursery circa 1816. The tree was originally identified as 'Pendula' by Loddiges (London), in his catalogue of 1836, a name adopted by Loudon two years later in Arboretum et Fruticetum Britannicum, 3: 1398, 1838, but...

 

Clodius Albinus

Roman imperial pretender (c. 150 – 197 CE) Clodius AlbinusBust in the Capitoline Museums, RomeBornc. 150Hadrumetum, Roman Africa (Sousse, Tunisia)Died19 February 197LugdunumNamesDecimus Clodius Albinus (before 193)Decimus Clodius Septimius Albinus[1][2]Regnal nameImperator Caesar Decimus Clodius Septimius Albinus Augustus Decimus Clodius Albinus (c. 150 – 19 February 197) was a Roman imperial pretender between 193 and 197. He was proclaimed emperor by the legions in Britai...

Asbjørn Kragh Andersen

Pour les articles homonymes, voir Andersen. Asbjørn Kragh AndersenAsbjørn Kragh Andersen lors du départ de la {{3e|étape}} du Paris-Arras Tour 2015 à Arras.InformationsNaissance 9 avril 1992 (32 ans)Strib (en)Nationalité danoiseÉquipe non-UCI 2011Designa Køkken-KnudsgaardÉquipes UCI 2009Glud & Marstrand Horsens2012Tre-For2013Trefor2014-9.2014Christina Watches-Kuma2015Trefor-Blue Water2016-2017Delko-Marseille Provence-KTM2018-7.2018Virtu Cycling8.2018-2018Waoo2019-2020Team S...

 

Liga Leumit 1962-1963

Liga Leumit 1962-1963 Competizione Liga Leumit Sport Calcio Edizione 23ª Organizzatore IFA Date dal 13 ottobre 1962al 4 maggio 1963 Luogo  Israele Partecipanti 12 Risultati Vincitore Hapoel Petah Tiqwa(6º titolo) Retrocessioni Maccabi Petah Tiqwa [1] Statistiche Miglior marcatore Zharia Ratzabi (12) Incontri disputati 132 Gol segnati 330 (2,5 per incontro) Cronologia della competizione 1961-1962 1963-1964 Manuale La Liga Leumit 1962-1963 è stata la 23ª ediz...

 

NGC 950

Galaxy in the constellation Cetus NGC 950DECam image of NGC 950Observation data (J2000 epoch)ConstellationCetusRight ascension02h 29m 11.777s[1]Declination−11° 01′ 28.78″[1]Redshift0.015775[2]Heliocentric radial velocity4692 km/s[2]Distance204.5 Mly (62.71 Mpc)[3]Apparent magnitude (B)14.48[2]CharacteristicsTypeSB(rs)b:[4]Other designationsMCG -02-07-021, PGC 9461[2] NGC 950 is a barred...

Пугачёва, Алла Борисовна

Запрос «Пугачёва» перенаправляется сюда; см. также другие значения. Алла Пугачёва На фестивале «Славянский базар в Витебске», 2016 год Основная информация Полное имя Алла Борисовна Пугачёва Дата рождения 15 апреля 1949(1949-04-15) (75 лет) Место рождения Москва, СССР[1]...

 

Central Canada

Region of Eastern Canada Not to be confused with Canadian Prairies. PlaceCentral Canada Centre du Canada (French)Map of Central Canada, defined politicallyCoordinates: 50°N 79°W / 50°N 79°W / 50; -79CompositionOntarioQuebecLargest cityTorontoLargest metroGreater Toronto AreaCanadian Confederation1 July 1867Area (2021 - land,[1] 2017 - fresh water[2][3]) • Total2,552,291.51 km2 (985,445.26 sq mi) •&...

 

Cruiser Mk VIII Challenger

British WWII cruiser tank Not to be confused with the much later Challenger 1, Challenger 2, and Challenger 3 main battle tanks. This article includes a list of general references, but it lacks sufficient corresponding inline citations. Please help to improve this article by introducing more precise citations. (July 2016) (Learn how and when to remove this message) Tank, Cruiser, Challenger (A30)[1] Cruiser tank Challenger (A30)TypeCruiser tankPlace of originUnited KingdomSe...

Baptornis

Extinct genus of flightless, aquatic birds BaptornisTemporal range: Late Cretaceous, 83.5–80.5 Ma PreꞒ Ꞓ O S D C P T J K Pg N ↓ Illustration of a tarsometatarsus, 1880 Scientific classification Domain: Eukaryota Kingdom: Animalia Phylum: Chordata Clade: Dinosauria Clade: Saurischia Clade: Theropoda Clade: Avialae Clade: †Hesperornithes Family: †BaptornithidaeAOU, 1910 Genus: †BaptornisMarsh, 1877 Species: †B. advenus Binomial name †Baptornis advenusMars...

 

Військово-музичне управління Збройних сил України

Військово-музичне управління Збройних сил України Тип військове формуванняЗасновано 1992Країна  Україна Емблема управління Військово-музичне управління Збройних сил України — структурний підрозділ Генерального штабу Збройних сил України призначений для планува...

 

Child prostitution

Prostitution involving a child Prostitution of childrenStatue of a young 19th-century prostituted childThe White Slave by Abastenia St. Leger Eberle (1878–1942)Areas practicedWorldwideNumber affectedUp to 10 million[1]Legal statusIllegal under international law and national laws Child prostitution is prostitution involving a child, and it is a form of commercial sexual exploitation of children. The term normally refers to prostitution of a minor, or person under the legal age of con...

Colorado Court of Appeals

Intermediate appellate court of Colorado One of the Colorado Court of Appeals courtrooms in the Ralph L. Carr Colorado Judicial Center in Denver. The Colorado Court of Appeals (Colo. App.) is the intermediate-level appellate court for the state of Colorado. It was initially established by statute in 1891 and was reestablished in its current form in 1970 [1] by the Colorado General Assembly under Article VI, Section 1 of the Constitution of Colorado.[2] The Colorado Court of Ap...

 

Rainier Tower

41-story skyscraper in Seattle, Washington Rainier TowerLocation within downtown SeattleFormer namesRainier Bank Tower (1977–89)Security Pacific Tower (1989–95)Alternative namesRainier SquareGeneral informationTypeCommercial officesLocation1301 Fifth AvenueSeattle, WashingtonCoordinates47°36′32″N 122°20′03″W / 47.60902°N 122.33405°W / 47.60902; -122.33405Completed1977OwnerUnico PropertiesHeightRoof156.67 m (514.0 ft)Technical detailsFloor coun...

 

Oshawa Car Assembly

Vehicle manufacturing facility in Oshawa, Ontario For the plant closed in 2009, see Oshawa Truck Assembly. Oshawa AssemblyEntrance to the plant as seen in 2013Operated1953–present [1]LocationOshawa, CanadaCoordinates43°52′03″N 78°51′59″W / 43.8676°N 78.8664°W / 43.8676; -78.8664IndustryAutomotiveProductsAutomobilesVolume5,100,000 sq ft (470,000 m2) [1]Address900 Park Rd S OshawaOwner(s)General Motors CanadaWebsitegm.ca/oshaw...

義守大學

本條目存在以下問題，請協助改善本條目或在討論頁針對議題發表看法。 此條目已列出參考資料，但文內引註不足，部分內容的來源仍然不明。 (2023年4月26日)请加上合适的文內引註加以改善。 此條目需要編修，以確保文法、用詞、语气、格式、標點等使用恰当。 (2023年4月26日)請按照校對指引，幫助编辑這個條目。（幫助、討論） 此條目疑似为广告或包含宣传性内容。 (2023...

 

イサクの燔祭

「イサクの犠牲」はこの項目へ転送されています。レンブラントの絵画については「イサクの犠牲 (レンブラント)」をご覧ください。 『イサクの犠牲』、 アンドレア・デル・サルト、(1527-1529年)、アルテ・マイスター絵画館 (ドレスデン) 『イサクを捧げるアブラハム』、ローラン・ド・ラ・イール 、(1650年) イサクの燔祭（イサクのはんさい）とは、旧約聖書の『創世...