Construction, Concentration, and (Dis)Continuities in Social Valuations
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Zuckerman_Construction concentration.pdf
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333.87 KB
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Adobe PDF
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Author(s)
Zuckerman Sivan, Ezra W.
Date Issued
August 2012
Journal
Annual Review of Sociology
Publisher
Annual Reviews
Citation
Zuckerman, Ezra W. “Construction, Concentration, and (Dis)Continuities in Social Valuations.” Annual Review of Sociology 38.1 (2012): 223–245.
Version
Author's final manuscript
Abstract
I review and integrate recent sociological research that makes progress on three interrelated questions pertaining to social valuation: (a) the degree of social construction relative to objective constraints; (b) the degree of concentration in social valuations at a single point in time; and (c) the conditions that govern two broad forms of temporal discontinuity—(i) fashion cycles, especially in cultural expression and in managerial practices, and (ii) bubble/crash dynamics, as witnessed in such domains as authoritarian regimes and financial markets. In the course of the review, I argue for the importance of identifying how objective conditions constrain social construction and suggest two contrarian mechanisms by which this is accomplished—valuation opportunism and valuation entrepreneurship—and the conditions under which they are more or less effective.
MIT Department
Sloan School of Management
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Creative Commons Attribution-Noncommercial-Share Alike 3.0
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DOI of Published Version
https://doi.org/10.1146/annurev-soc-070210-075241
