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The Institutions of the Market
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The Institutions of the Market: Organizations, Social Systems, and Governance

Alexander Ebner and Nikolaus Beck

Abstract

This book approaches markets as a dynamic ensemble of institutions; and as a set of rules or norms, that contribute to the evolution of social systems of governance, and can be analysed as a structured social system. It tackles such questions as: Where do markets come from and what drives their evolution? How do organizations cope with the competitive dynamism of markets? What is the role of governance mechanisms in the institutional coordination of markets? Using this ‘new institutionalist’ approach, this book examines the institutional foundations of economic change. Drawn from an array of d ... More

Keywords: markets, evolution of markets, competitive dynamism, governance mechanisms, institutional coordination, new institutionalist approach, organizational capabilities, social structuration

Bibliographic Information

Print publication date: 2008 Print ISBN-13: 9780199231423
Published to Oxford Scholarship Online: September 2008 DOI:10.1093/acprof:oso/9780199231423.001.0001

Authors

Affiliations are at time of print publication.

Alexander Ebner, editor
Affiliate Professor, Grenoble Ecole de Management, Grenoble, France
Author Webpage

Nikolaus Beck, editor
Assistant Professor, Chair of Organization Theory and Management, University of Erfurt, Germany
Author Webpage

Contents

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Part I Market Agents: Knowledge and Learning in Organizations

5 Change in Institutional Fields

C. R. Hinings and Namrata Malhotra

Part II Market Process: Rules, Norms, and the Social System of Market Competition

6 Myths of the Market

Neil Fligstein

Part III Market Governance: Regulation, Coordination, and Public Policy

End Matter