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The area shows growing interest, given a number of books [8] and a degree of institutionalization as a potential subfield shown by the first issue of the academic journal Valuation Studies [9] in 2013, [10] while existing journals in cultural sociology and economic sociology, like Poetics and Socio-Economic Review, show a strong treatment of ...
In general, a bridge is a direct tie between nodes that would otherwise be in disconnected components of the graph. [ 1 ] This means that say that A and B make up a social networking graph, n 1 {\displaystyle n_{1}} is in A, n 2 {\displaystyle n_{2}} is in B, and there is a social tie e {\displaystyle e} between n 1 {\displaystyle n_{1}} and n ...
The Philosophy of Money (1900; German: Philosophie des Geldes) [1] is a book on economic sociology by German sociologist and social philosopher Georg Simmel. [2] Considered to be the theorist's greatest work, Simmel's book views money as a structuring agent that helps people understand the totality of life. [2]
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The concept of value, like the concept of prices, is often used in a rather "loose" sense – referring to a cost or expense, a compensation, a yield or return, or a valuation (of a product, an asset, a service, a lease etc.). The language of trade often does not make the social, legal and economic relations involved in trade very explicit.
Cooperative game theory is a branch of game theory that deals with the study of games where players can form coalitions, cooperate with one another, and make binding agreements. The theory offers mathematical methods for analysing scenarios in which two or more players are required to make choices that will affect other players wellbeing.
In sociology and in economics, the term sign value denotes and describes the value accorded to an object because of the prestige (social status) that it imparts upon the possessor, rather than the material value and utility derived from the function and the primary use of the object.
Social currency refers to the actual and potential resources from presence in social networks and communities, including both digital and offline. It is, in essence, an action made by a company or stance of being, to which consumers feel a sense of value when associating with a brand, while the humanization of the brand generates loyalty and "word of mouth" virality for the organization.