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  In the Shadow: Illegal Markets and Economic Sociology

Beckert, J., & Wehinger, F. (2011). In the Shadow: Illegal Markets and Economic Sociology. MPIfG Discussion Paper, 11/9.

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Item Permalink: https://hdl.handle.net/11858/00-001M-0000-0012-3FFF-7 Version Permalink: https://hdl.handle.net/21.11116/0000-0009-E6F2-2
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http://hdl.handle.net/11858/00-001M-0000-0010-1E40-4 (Supplementary material)
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New source: Beckert, Jens, & Wehinger, Frank (2013). In the Shadow: Illegal Markets and Economic Sociology. Socio-Economic Review, 11(1), 5-30.
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 Creators:
Beckert, Jens1, Author           
Wehinger, Frank1, Author           
Affiliations:
1Soziologie des Marktes, MPI for the Study of Societies, Max Planck Society, ou_1214556              

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 Abstract: Illegal markets differ from legal markets in many respects. Although illegal markets have economic significance and are of theoretical importance, they have been largely ignored by economic sociology. In this article we propose a categorization for illegal markets and highlight reasons why certain markets are outlawed. We perform a comprehensive review of the literature to characterize illegal markets along the three coordination
problems of value creation, competition, and cooperation. The article concludes by appealing to economic sociology to strengthen research on illegal markets and by suggesting areas for future empirical research.
 Abstract: Illegale Märkte unterscheiden sich in vielerlei Hinsicht von legalen Märkten. Trotz ihres großen wirtschaftlichen Gewichts und ihrer theoretischen Bedeutung blieben sie
in der Wirtschaftssoziologie bislang weitgehend unbeachtet. Dieses Papier schlägt eine Kategorisierung illegaler Märkte vor und diskutiert die Gründe für ihr Verbot. Auf der Grundlage einer umfassenden Literaturauswertung werden die Strukturmerkmale illegaler
Märkte anhand der drei Koordinierungsprobleme der Wertbildung, des Wettbewerbs und der Kooperation dargestellt. Das Papier schließt mit Empfehlungen für
zukünftige empirische Forschung.

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Language(s): eng - English
 Dates: 2011-09
 Publication Status: Issued
 Pages: IV, 24
 Publishing info: Köln : Max-Planck-Institut für Gesellschaftsforschung
 Table of Contents: 1 Illegal markets
2 Why are some markets illegal?
3 The operation of illegal markets
Value
Competition
Cooperation
4 Investigating illegal markets: Research questions
6 Conclusion
References
 Rev. Type: Internal
 Identifiers: eDoc: 564488
 Degree: -

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Title: MPIfG Discussion Paper
Source Genre: Series
 Creator(s):
Max-Planck-Institut für Gesellschaftsforschung, Editor              
Affiliations:
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Publ. Info: -
Pages: - Volume / Issue: 11/9 Sequence Number: - Start / End Page: - Identifier: ISSN: 0944-2073
ISSN: 1864-4325