Wow! eBook
The Worth of Goods: Valuation and Pricing in the Economy
Author(s): Jens Beckert (Editor), Patrik Aspers
- Publisher: Oxford University Press
- Publication Date: September 5, 2011
- Edition: 1st
- Language: English
- Print length: 362 pages
- ISBN-10: 0199594651
- ISBN-13: 9780199594658
Book Description
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.
Editorial Reviews
Book Description
About the Author
Patrik Aspers holds a PhD in Sociology from Stockholm University (2001). He has been resident at institutions such as Harvard University, Columbia University, the London School of Economics, and the Max Planck Institute for the Study of Societies in Cologne. He has chaired the economic sociology research network of the European Sociological Association, and is President of the Swedish Sociological Association. The main focus of his research is on economic sociology, especially markets. He has published two books on markets:
Markets in Fashion: A Phenomenological Approach (2nd. ed. Routledge 2006) and Orderly Fashion: A Sociology of Markets (Princeton University Press 2010). Aspers has written on classical economists such as Alfred Marshall and Vilfredo Pareto, and published in journals such as the Journal of Economic Geography and Theory and Society.
