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Die Abenteuer der Kalkulation. Zur sozialen Einbettung ökonomischer Rationalität

Bibliographic Data

ID7096151
AuthorsJens Beckert (0000-0002-0892-9506, Max Planck Society, corresponding author)
Year2007
Volume35
Issue3
Pages295-309
Publication date2007-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueLeviathan (JOURNAL)
Journal identifiersISSN: 1525-6995 • E-ISSN: 1750-1849
PublisherNomos (PUBLISHER • DE)
DOI10.1007/s11578-007-0019-1
OpenAlexW1560161930
LanguageDE
Citations received3
References cited25

According to Max Weber and modern economic theory, rational calculation of economic decisions is one important basis of modern, rational capitalism. Rational calculation, however, presupposes that actors know the relevant decision parameters and are not confronted with fundamental uncertainity. But rational calculation encounters limits since market actors are limited in their relevant knowledge: Actors are thus confronted, on the one hand, with coordination problems that can be resolved only through the social embeddedness of economic action. On the other hand, it is the limits to rational calculation that constitute the dynamics of modern capitalism

Action (physics · Capitalism · Economics · Embeddedness · Epistemology · Neoclassical economics · Physics · Political science · Positive economics · Social science · Sociology · Economic and Social Issues · Economic Theory and Institutions · Law · Philosophy · Weber, Simmel, Sociological Theory

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Unique citing works3
Citations per year0,18
Citation span2009 - 2017 (9)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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