Comment on “The Complex Market: Communications of Exchange, Observing Competitors, and Prices” by Pascal Goeke and Evelyn Moser/1

Authors

  • Patrik Aspers Uppsala University

DOI:

https://doi.org/10.6092/issn.1971-8853/8377

Keywords:

market, order, observation, mutual adjustment, organization

Abstract

This comment on the essay “The Complex Market: Communications of Exchange, Observing Competitors, and Prices” by Pascal Goeke and Evelyn Moser (2018, Sociologica, 1) focuses on their discussion of how market actors observe one another, which is a theme connected to issues of prices and competition. In contrast to other coordination forms, i.e., mainly networks and organizations (hierarchies), markets require that those trading in markets are free to those so. Markets come with noise and disorder, due to the mutual adjustment that occurs between those trading in ordered markets. The general condition of markets is order. The text presents types of markets and argues that the role of mutual observation correlates with the type of market in question.

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Published

2018-07-26

How to Cite

Aspers, P. (2018). Comment on “The Complex Market: Communications of Exchange, Observing Competitors, and Prices” by Pascal Goeke and Evelyn Moser/1. Sociologica, 12(1), 101–104. https://doi.org/10.6092/issn.1971-8853/8377

Issue

Section

Comments on Essays