Embeddedness, path dependency and social institutions: An economic sociology approach

Article Abstract:

A theoretical approach is discussed based on embeddedness that assumes the economic actor apart from being an atomized and utilitarian individual as positioned within specific historical and institutional contexts in different social networks. Importance is given to the transformation of social systems based on reciprocity, associations of shared interests, forms of economic organizations and political intervention.

Social networks, Social systems

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Agency relationships, embeddedness and employment relations

Article Abstract:

Economic sociology in order to account for labor's tendency to eschew social protection, a theory of agency relationship, is a necessary addition to the embeddedness thesis. It is felt that members can bestow their decision-making prerogatives upon a collective representation or reclaim those rights as their own.

Public affairs, Social aspects, Decision-making, Decision making, Labor market, Agency theory, Labour market

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Economics of convention and new economic sociology: Mutual inspiration and dialogue

Article Abstract:

The French economics of convention tradition exploring potential common themes in economic sociology and economics of conventions are explored. It is shown that a fruitful dialogue is possible and should be encouraged between economics and convention and economic sociology.

Industrial sociology, Conventionalism (Philosophy)

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