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Investir, une décision disséminée. enquête de terrain sur les dérivés du crédit

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  • Horacio Ortiz

    (CSI i3 - Centre de Sociologie de l'Innovation i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique)

Abstract

A Disseminated Decision. Fieldworked-Based Research on Credit Derivatives The text is based on field-worked research carried out among fund managers investing their clients' money in credit derivatives. The analysis shows that employees present themselves as a source of the decision to invest by applying procedures that imply a multiple and contradictory theoretical figure of an individual investor. Yet, their decision is actually the result of the partly hierarchical interactions within their company and it follows the rules of the network of experts where credit derivatives are produced and exchanged. Thus, the decision does not belong to an individual "investor" but it is disseminated in these social spaces.

Suggested Citation

  • Horacio Ortiz, 2013. "Investir, une décision disséminée. enquête de terrain sur les dérivés du crédit," Post-Print hal-00957630, HAL.
    • Handle: RePEc:hal:journl:hal-00957630
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