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Social Network Analysis and the Sociology of Economics: Filling a Blind Spot with the Idea of Social Embeddedness

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  • Bögenhold, Dieter

Abstract

Today, social networks analysis has become a cross-disciplinary subject with applications in diverse fields of social and economic life. Different network designs provide different opportunities to communicate, to receive information and to create different structures of cultural capital. Network analysis explores modes and contents of exchanges between different agents when symbols, emotions or goods and services are exchanged. The message of the article is that social network analysis provides a tool to foster the understanding of social dynamics, which enhances recent debate on a micro-macro gap and on limitations of the cognitive and explanatory potential of economics.

Suggested Citation

  • Bögenhold, Dieter, 2013. "Social Network Analysis and the Sociology of Economics: Filling a Blind Spot with the Idea of Social Embeddedness," MPRA Paper 51461, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:51461
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    File URL: https://mpra.ub.uni-muenchen.de/51461/1/IfS_DP_02_2013_Social_Network_Analysis_and_the_Sociology_of_Economics_DiBo_Final.pdf
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    References listed on IDEAS

    as
    1. Becker, Gary S, 1974. "A Theory of Social Interactions," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1063-1093, Nov.-Dec..
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    8. Heath Pearson, 1999. "Was There Really a German Historical School of Economics?," History of Political Economy, Duke University Press, vol. 31(3), pages 547-562, Fall.
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    10. Jon Elster, 1998. "Emotions and Economic Theory," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 47-74, March.
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    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Social Network Analysis; social dynamics; micro-macro gap;

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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