Tag Archives: networks

What is Economic Sociology?

What is Economic Sociology? What is embeddedness? How are markets made and where do markets come from? How do politics, networks and culture matter? What are the institutions of political economy? and How does capitalism differ among countries? Well, our community is built to tackle these fundamental and … Continue reading

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Why the East India Company became the most powerful business‬ in history? Because it granted its employees the right to pursue their own commercial interests

Exploring trade network dynamics, decision-making processes and organizational context, in an extraordinary Between Monopoly and Free Trade: The English East India Company, 1600–1757 Emily Erikson (Yale University) demonstrates why the English East India Company was a dominant force in the … Continue reading

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Mark Granovetter didn’t win (yet) the ‪‎Nobel Prize. Here is his rejection letter, from 1969.

A prominent economic sociologist Mark Granovetter didn’t win (yet) the ‪Nobel Prize in economic sciences‬. Let’s take a look at his rejection letter. You may think I’m talking about the Nobel… But I’m not. This is the rejection letter ‪Granovetter‬ received from American … Continue reading

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Corporate‬ density is especially potent for the growth of ‪elite‬-oriented nonprofits—but not social welfare nonprofits—when local networks and cultural norms support elite mobilization

In “Golfing Alone? Corporations, Elites, and Nonprofit Growth in 100 American Communities” (open access) Christopher Marquis, Gerald F. Davis & Mary Ann Glynn examine the link between corporations and community by showing how corporate density interacts with the local social … Continue reading

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Epinets: a new way of thinking about social networks

A new book Epinets: the Epistemic Structure and Dynamics of ‪Social Networks‬ presents a new way to think about social networks, which focuses on the knowledge that underlies our social interactions. Guiding readers through the web of beliefs that networked individuals … Continue reading

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Zygmunt Bauman on Facebook and networks; on the difference between a network and a community.

Bright, simple– and debatable. (3 min)

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Why do people play lottery in groups? It’s more about reproducing social ties, than profit maximization

Sharing lottery tickets with co-workers or friends may create agency problems related to opportunism in addition to the fact that playing the lottery in general is tantamount to buying an asset with negative expected value. So why do people form a … Continue reading

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Is College a Focal Point of Investor Life? Yes

“Is College a Focal Point of Investor Life?” (free access) is an interesting article by Massimo Massa and Andrei Simonov that analyzes the link between college interaction and portfolio choice. The researchers consider both the general imprinting of values shared by all the students … Continue reading

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Networks in the Russian Economy

How does Russian economy function on a grassroots level? In addition to market mechanisms, what kinds of social and moral principles are at work in the new Russian economy? Is the ‘Soviet legacy’ still present in post-Soviet business practices? This … Continue reading

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Challenging governance theory: From networks to hegemony

Theories heralding the rise of network governance have dominated for a generation. Yet, empirical research suggests that claims for the transformative potential of networks are exaggerated. This topical book by Jonathan S. Davies (De Montfort University) takes a critical look at contemporary governance theory, … Continue reading

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