Socio-Technical Agency in Financial Markets

By Alex Preda. 2006

207 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/4394558f9a4d1d8999a88443ad887b9a904f6696

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Citations in the corpus

Constructing a New Asset Class: Property-led Financial Accumulation after the Crisis (2018, background): “…reached as calculative devices (e.g., financial models, credit scoring, stock tickers, and traders’ computer screens; cf. MacKenzie 2006; Preda 2006; Zaloom 2006; Poon 2009), and goods join with the beliefs, expertise, and specialized knowledge of market agents (including “confined…”
What do business models do? Narratives, calculation and market exploration (2009, unknown): “The world of finance has proved to be a fruitful field for the study of market devices such as the reports provided by securities analysts (Beunza and Garud, 2007), the stock ticker (Preda, 2006), financial formulae (MacKenzie and Millo, 2003).”
Calculators, Lemmings or Frame-Makers? The Intermediary Role of Securities Analysts (2007, background): “…performativity literature in economic sociology and its central claim that economic theories and artefacts format the economy by shaping the way in which value is calculated (Callon, 1998; Beunza and Stark, 2004; MacKenzie and Millo, 2003; Preda, 2006; Callon and Muniesa, 2005; MacKenzie, 2006).”
An Introduction to Market Devices (2007, background): “The same happens to the stock ticker analysed by Preda (2006): it is a telecommunication device that reconfigures what trading is (and what traders are) in financial markets.”
Geographies of money and finance I: Cultural economy, politics and place (2011, background): “This research goes beyond identifying a series of material components of markets such as computers, price-recording technologies and consumer credit scoring that simply facilitate social relations in markets (see Knorr Cetina, 2005, Preda, 2006, and Poon, 2007, respectively).”
Sub-prime mortgage lending: a cultural economy (2008, background): “Therefore, attention has also focused, for instance, on the screened representation of contemporary finance through computer terminals and software programs (Knorr-Cetina, 2003; Pryke, 2007), or the stock ticker as the first custom-tailored technology adopted in financial markets (Preda, 2006).”
Economization, part 2: a research programme for the study of markets (2010, methodology): “In more specific example, the formulas used by traders (Lépinay, 2007b), as well as the ticker analysed by Preda (2006), have contributed powerfully towards shaping calculative agencies.”
Geographies of markets: Materials, morals and monsters in motion (2011, background): “Preda A (2007) Where do analysts come from? The case of”
From dissonance to resonance: cognitive interdependence in quantitative finance (2012, unknown): “…of the emerging literature in the social studies of finance (Beunza & Stark, 2004; Knorr Cetina & Bruegger, 2002; MacKenzie & Millo, 2003; Preda, 2006) we conducted a three-year ethnographic study of the daily operations of the trading room of a major international investment bank,…”
Where Do Prices Come From? Sociological Approaches to Price Formation (2011, background): “An example for this is William Roy’s “Socializing Capital” (Roy 1997), in which he investigates the emergence of the oligopolistic manufacturing firm as the dominant organizational structure of American industry in the twentieth century.”
From New Deal Institutions to Capital Markets: Commercial Consumer Risk Scores and the Making of Subprime Mortgage Finance (2009, background): “In the crisis it was the junior classes of these products held by hedge funds that degraded first as they are common sense’56 with the ‘generative calculative practices of economic agency’ (Callon & Law, 2003; Preda, 2006; Rose & Miller, 1992).”
Tracking the numbers: Across accounting and finance, organizations and markets (2009, background): “…and financial markets at a more aggregate level (studies of performativity, e.g., have a decidedly macroanalytical orientation, see MacKenzie, 2006; Muniesa & Callon, 2007; MacKenzie, Beunza & Hardie, 2006; MacKenzie & Hardie, 2007), historical (e.g., Preda, 2006) as well as contemporary research.”