New book: Organizing and Reorganizing Markets
Nils Brunsson and Mats Jutterström. Organizing and Reorganizing Markets
This book brings organization theory to the study of markets. The difference between markets and organizations is often exaggerated. Organizing exists in addition to other processes and phenomena that form markets: the mutual adaption among sellers and buyers as described in mainstream economics, and the institutions described in institutional economics and economic sociology. Market organization can be analysed with the same type of theories used for analysing organization within formal organizations.