Economic action and social structure: The problem of embeddedness

TR Number
Date
1985
Journal Title
Journal ISSN
Volume Title
Publisher
Chicago, IL: University of Chicago Press
Abstract

The origin of the concept of "embeddedness", this article has been highly influential in guiding how social scientists conceptualize the interplay between markets and social relations. Rejecting the extremes of an "under" and "over" socialized approach, the article casts the market as "embedded in a network of social relations that do not determine, but certainly influence how individuals behave." This model is explored in the context of malfeasance and the problem of markets and hierarchies.

Description
Metadata only record
Keywords
Markets, Social networks, Embededdness, Culture
Citation
The American Journal of Sociology 91(3): 481-510