Sub-theme 25: Devising Markets and Other Valuation Sites [merged with sub-theme 43]
Open University, UK
University of Grenoble Alpes, France
Copenhagen Business School, Denmark, & University of Gothenburg, Sweden
Call for Papers
We invite papers exploring how markets and other valuation sites are 'devised' through the interaction of practices,
processes and technologies. The aim is to further develop understanding of the role of knowledge and devices in shaping economies
and markets in two ways.
- First, this sub-theme will explore the dynamic practices of 'devising'. What forms
of reasoning, reflexivity and responsibility are at play and how are they distributed across markets and other sites?
- Second, it considers how things become objects of quantification, judgement and valuation. What gets quantified, calculated,
judged and valued as part of this 'devising work', by whom and for what purposes.
These questions are
of major social importance. This is one of the reasons that research exploring the processes and practices at play in the
devising, organizing or 'agencing' of markets and valuations has proliferated in recent years. There are now many accounts
of how actors and bodies of scientific knowledge participate in performing markets (e.g. Callon, 1998; MacKenzie et al., 2007;
Caliskan & Callon, 2009). More recently, the extension of analysis to a broader range of situations has brought to the
fore the way that different forms of value emerge (e.g. Helgesson & Kjellberg, 2013; Trompette, 2013; McFall, 2014). At
stake is the need to move beyond the Parsonian division of economic and sociological forms of reasoning to permit analysis
of the co-presence of different values, e.g. of intimacy, sentiment, aesthetics, sustainability, etc. in economic action.
By addressing markets and valuations together, the sub-theme invites contributions across the range of empirical
settings in which devising work takes place. Devising directs attention to the work involved in making and remaking markets
and other valuation sites. Practices of reasoning, measurement, judgement, qualification, etc., are historically and contextually
variable and this has far-reaching implications for organizations and private lives. The increasing influence of reviews in
sites from Amazon to Tripadvisor, the assessment of academic grant bids, the explosion of self-tracking technologies, the
algorithmic forms of decision making claimed in digital finance, are examples of emerging conjunctures of reason, reflexivity
and responsibility. The focus is on the continuous cycle of enactment and reconstruction and how it shapes agencies, frames
situations and formats values. What and who is being valued and to what purposes are matters of public and private concern.
Relevant questions include:
- How are markets and other sites of valuation devised? What practices
- How does the devising of markets and other valuation sites shape the reflexive and reasoning capacity
- Are market and other applications of big data and algorithmic decision-making producing new forms
of calculation, reasoning and responsibility?
- How does devising work incorporate private experience, sentiment
and intimacy and to what purposes?
- What are the possibilities for reflexivity or critique for the continued formatting
of and enactment of different values?
- How do devices and practices of devising travel between different sites
and situations and to what effects?
- What are the limits and consequences of devising and devices?
- Caliskan, Koray, & Callon, Michel (2009): "Economization, Part 1: Shifting
attention from the Economy towards processes of economization." Economy and Society, 38 (3), 369–398.
Michel (ed.) (1998): The Laws of the Markets. Oxford: Blackwell.
- Helgesson, Claes-Fredrik, & Hans Kjellberg
(2013): "Values and valuations in market practice." Journal of Cultural Economy, 6 (4), 361–369.
Donald, Muniesa, Fabian, & Siu, Lucia (eds.) (2007): Do Economists Make Markets? On the Performativity of Economics.
Princeton: Princeton University Press.
- McFall, Liz (2014): Devising Consumption: Cultural Economies of Insurance,
Credit and Spending. Abingdon: Routledge.
- Trompette, Pascale (2013): "The politics of value in French funeral
arrangements." Journal of Cultural Economy, 6 (4), 370–385.
Liz McFall is Head of Sociology at the Open University, UK. Her work explores how markets are made especially for 'low finance' products
like doorstep insurance and credit. She is the author of "Devising Consumption: Cultural Economies of Insurance, Credit and
Spending" (Routledge, 2014) and co-editor of the 'Journal of Cultural Economy'.
Pascale Trompette is a sociologist, CNRS Senior Research Fellow at the PACTE Laboratory at the University of Grenoble Alpes, France. Her research
addresses the interaction process by which market politics, socio-technical arrangements and mundane practices are constantly
recombined in market life. Her most recent publications in English appeared in the 'Journal of Cultural Economy', 'Science
Studies', and 'Management and Organization History'.
Elena Raviola is Assistant Professor at the Department of Organization, Copenhagen Business School, Denmark, and researcher at the Gothenburg
Research Institute, University of Gothenburg, Sweden. She explores professional work organizing practices in times of technological
change, especially in the field of news production. She has explored the relationship between journalism and management as
two different ways of framing overflows in news organization. Elena has published in both organization and media journals.