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The worth of goods : valuation and pricing in the economy / edited by Jens Beckert and Patrik Aspers.

EBSCOhost Ebook Business Collection Available online

EBSCOhost Ebook Business Collection

Oxford Scholarship Online: Business and Management Available online

Oxford Scholarship Online: Business and Management
Format:
Book
Contributor:
Beckert, Jens, 1967-
Aspers, Patrik, 1970-
University of Oxford.
Language:
English
Subjects (All):
Prices--Social aspects.
Pricing--Social aspects.
Valuation--Social aspects.
Physical Description:
1 online resource (361 p.)
Place of Publication:
New York : Oxford University Press, 2011.
Language Note:
English
Summary:
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 cons
Contents:
Introduction
Value in markets
I: What is valuable?
Price and prejudice: on economics and the enchantment (and disenchantment) of nature
What is the price of a scientific paper?
The value of ethics: monitoring normative compliance in ethical consumption markets
The transcending power of goods: imaginative value in the economy
II: Aesthetic markets
Symbolic value and the establishment of prices: globalization of the wine market
Pricing looks: circuits of value in fashion modeling markets
Damien's dangerous idea" valuing contemporary art at auction
Infinite surprises: on the stabilization of value in the creative industries
III: Financial markets
Forecasting as valuation: the role of ratings and predictions in the subprime mortgage crisis in the United States
Selling value in Kenya's Nairobi stock exchange
Coping with contingencies in equity option markets: the "rationality" of pricing
IV: Organizations
Valuing products as cultural symbols: a conceptual framework and empirical illustration.
Notes:
Description based upon print version of record.
Includes bibliographical references and index.
Description based on print version record.
Description based on publisher supplied metadata and other sources.
ISBN:
9786613348616
9780191806766
0191806765
9781283348614
1283348616
9780191618680
0191618683
OCLC:
760884554

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