Rainer Diaz-Bone: Market Classifications, Quantifications and Quality Conventions in Markets – Perspectives of the Economics of Convention. [Abstract]
The article presents the French approach of economics of convention (EC) as a pragmatic institutionalism. It was developed on the one side for the analysis of practices of classifications and quantification. On the other side it was developed for the analysis of multiple logics of economic coordination. The basic concepts of EC are introduced and applied to the analysis of classificatory procedures in markets. The article aims to present EC as an innovative approach for the analysis of markets.