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Social Network Analysis and the Sociology of Economics: Filling a Blind Spot with the Idea of Social Embeddedness
Author(s) -
Bögenhold Dieter
Publication year - 2013
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/ajes.12005
Subject(s) - embeddedness , sociology , social network (sociolinguistics) , discipline , macro , subject (documents) , cultural economics , social capital , social network analysis , social science , positive economics , economics , computer science , social media , political science , world wide web , the arts , law , programming language
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.