Beyond the Market: The Social Foundations of Economic Efficiency

By Jens Beckert; Barbara Harshav | Go to book overview
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acknowledgment process, 272
action: accidental determination of, 210– 211; analytical system of, 146; causal interpretation of, 208–209; as decision, 227; geographic context of, 261; institutional embeddedness of, 73–74; meaning of, 249–250; network of, 322–323n.11; normative integration of, 169; as process, 249; rational model of, 7; reciprocal expectations of, 254; reproductive versus productive, 273; social embeddedness of, 122–123; structures and, 241, 253–255; subjective meaning of, 238; systems and, 233–240; typology of, 132, 133; unintended outcomes of, 253– 254, 259; utilitarian theory of, 135–137; voluntaristic concept of, 203–204. See also irrational action; rational-actor model
action frame of reference, 141–144, 146, 147
action goals, 276; determination of, 136, 142
action model, 7; criticism of as normative theory, 17–18; efficient allocation equilibria and, 9; hierarchy of, 145–146; sociological critique of, 11–13
action norms, 288
action situations, 3; in economic context, 293; interpretation of, 252; openness of, 275–277
action strategy, 11
action theory, 244, 285, 289; assumptions of, 3–4; development of, 309–310n.11; economic, 275; of innovation, 245; of orthodox economics, 245; phenomenological foundations of, 248–251; teleological, 274
actors: creating social structures, 251–255; in economic action, 241–281; marginalized role of, 239–240, 243; social embeddedness of, 291–293
adaptation, 117, 157, 244–245, 319n.34
adaptive processes, 156, 157–158
adaptive systems, 199; versus goal-attainment system, 179–180
adverse selection, 207
agency theory, 306n.33
AGIL scheme, 135, 153, 155–156, 160, 195–197, 198, 311n.28; distinction between sociology and economics in, 179– 180; functional imperatives of, 156–157, 158
Akerlof, Georg A., 47, 313n.35
Alexander, Jeffrey, 90, 95, 173, 174
allocation decisions. See also resource allocation: conflict over, 186–187; price and, 221–222; rational, 11; in situations with uncertainty, 234; suboptimal, 288
allocation equilibria, changed, 269–270
allocation optimization, 285
allocative resources, 253
altruism, 8, 195–196, 289; in collective good, 97–98; in economic decisions, 16– 17; in economic theory, 15–16
American institutionalism, 136–139
American pragmatism, 137, 246, 247, 252, 288
analytical approach, limits of, 148–149
analytical compartmentalization, 147–148
analytical realism, 310n.17
analytical system, 146
anomic division of labor, 114–118, 291
anomic economic structures, 72–73
anomie, 69–71, 305n.31. See also economic anomie; progress and, 306n.35; social, 8
antagonistic actors, 102–103; cooperation of, 19–20
antagonistic cooperation, 305–306n.32
antagonistic interests, 199–200, 288
archaic societies, 212–213
Archer, Margaret, 278, 322n.6
Arendt, Hannah, 273, 275, 325n.35
Argyris, Chris, 320n.38
Arrow, Kenneth, 44, 45–46, 47, 54, 56, 57, 61–62, 297n.5, 302n.56
Arrow-Debreu model, 44–45, 207; criticism of, 45–46, 47
aspiration, level of, 41
associations, formation of, 268–269
Austin, 252
Austrian School of Economics, 37, 38, 133, 248


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