Is Economics Performative? Option Theory and the Construction of Derivatives Markets
By Donald MacKenzie. Journal of the History of Economic Thought, 2006
465 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/56cc8554d839882b8825d76ccd646cdb3c30bf0b
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Michel Callon
- Chris Hann
- Andrea Mennicken
- Keith Hart
- Hendrik Vollmer
- James Stewart
- Sampsa Hyysalo
- Alex Preda
In Finance
- Chris Hann
- Andrea Mennicken
- Keith Hart
- Hendrik Vollmer
- Michel Callon
- James Stewart
- Sampsa Hyysalo
- Alex Preda
Citations in the corpus
- Tracking the numbers: Across accounting and finance, organizations and markets (2009, background): “2 In fact, the traditional (Mertonian) examples of performativity have tended to highlight destructive effects of micropractices (Guala, 2007, p. 136), and stock market crashes may point to potential counterperformativities of calculation (MacKenzie, 2007, p. 76).”
- Financialization in the workplace: Hegemonic narratives, performative interventions and the angry knowledge worker (2013, background): “Inherent in the concept of performativity is the possibility of ‘counterperformativity’ (MacKenzie, 2007) whereby the performative mechanism produces unexpected outcomes which may undermine it.”
- Intermediaries, Users and Social Learning in Technological Innovation (2008, background): “These actors are key players in what new sociology of markets (Callon, 1998; MacKenzie, 2006) calls an “economy of qualities” by which the needs and desires of consumers are shaped and products adjusted (Callon et al.”
- What Does It Mean to Say That Economics Is Performative? (2006, background): “The fact of imposing devices designed to realize a statement causes other worlds to proliferate in reaction to that 13 From this point of view, a major issue is arbitrage conceived in a socio-technical sense: see Beunza, Hardie, and MacKenzie (2006).”
- Market and society : the great Transformation today (2009, methodology): “There are thus many “effets de théorie” (Bourdieu 2000) or performativity (Callon 1996; Mackenzie 2006) in the present market system, which throws doubt on Polanyi’s claim that the “market mentality” is obsolete.”