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Title: The Worth of Goods: Valuation and Pricing in the Economy
Editors: Beckert, J
Aspers, Patrik
Department: University of Borås. Swedish School of Textiles
Issue Date: 2011
ISBN: 978-0-19-959465-8
Publisher: Oxford University Press
Media type: text
Publication type: book
Subject Category: Subject categories::Social Sciences::Economics and Business::Economics
Strategic Research Area: none
Abstract: Interdisciplinary contributions from sociology, economics, political science, and marketing Presents empirical studies of both financial and some unusual markets - wine, art, fashion Pioneering work at intersection of sociology, economics, and marketing Chapters by leading international scholars in economic sociology Revisits both established theories of value and current thinking How do we place value on goods - and, importantly, why? Valuation and pricing are core issues in the market economy, but understanding of these concepts and their interrelation is weak. In response, The Worth of Goods takes a sociological approach to the perennial but timely question of what makes a product valuable. Structured in three parts, it first examines value in the broader sense - moral values and how they are formed, and the relations between economic and non-economic values - discussing such matters as the value of an oil spill, the price of a scientific paper, value in ethical consumption, and imaginative value. The second part discusses the issues surrounding valuation in aesthetic markets, specifically wine, fashion models, art, and the creative industries. The third part analyzes valuation in financial markets - credit rating agencies, stock exchange markets, and industrial production. This pioneering volume brings together leading social scientists to provide a range of theoretical tools and case studies for understanding price and the creation of value in markets within social and cultural contexts and preconditions. It is an important source for scholars in economics, sociology, anthropology, and political science interested in how markets work, and how value is established. Readership: Academics, researchers, and advanced students in Business and Management, Sociology, Economics, and Marketing The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket
Appears in Collections:Böcker och bokkapitel / Books and book chapters (THS)

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