The efficient-market hypothesis (EMH) is a hypothesis in financial economics that states that asset prices reflect all available information. A direct implication is that it is impossible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information.
In economics, a market is transparent if much is known by many about: What products and services or capital assets are available, market depth, what price, and where. Transparency is important since it is one of the theoretical conditions required for a free market to be efficient. Price transparency can, however, lead to higher prices. For example, if it makes sellers reluctant to give steep discounts to certain buyers, or if it facilitates collusion, and price volatility is another concern. A high degree of market transparency can result in disintermediation due to the buyer's increased knowledge of supply pricing.
Science studies is an interdisciplinary research area that seeks to situate scientific expertise in broad social, historical, and philosophical contexts. It uses various methods to analyze the production, representation and reception of scientific knowledge and its epistemic and semiotic role.
The sociology of scientific knowledge (SSK) is the study of science as a social activity, especially dealing with "the social conditions and effects of science, and with the social structures and processes of scientific activity." The sociology of scientific ignorance (SSI) is complementary to the sociology of scientific knowledge. For comparison, the sociology of knowledge studies the impact of human knowledge and the prevailing ideas on societies and relations between knowledge and the social context within which it arises.
Performativity is the concept that language can function as a form of social action and have the effect of change. The concept has multiple applications in diverse fields such as anthropology, social and cultural geography, economics, gender studies, law, linguistics, performance studies, history, management studies and philosophy.
Michel Callon is a professor of sociology at the École des mines de Paris and member of the Centre de sociologie de l'innovation. He is an influential author in the field of Science and Technology Studies and one of the leading proponents of actor–network theory (ANT) with Bruno Latour.
Donald Angus MacKenzie is a Professor of Sociology at the University of Edinburgh, Scotland. His work constitutes a crucial contribution to the field of science and technology studies. He has also developed research in the field of social studies of finance. He has undertaken widely cited work on the history of statistics, eugenics, nuclear weapons, computing and finance, among other things.
The sociology of culture, and the related cultural sociology, concerns the systematic analysis of culture, usually understood as the ensemble of symbolic codes used by a member of a society, as it is manifested in the society. For Georg Simmel, culture referred to "the cultivation of individuals through the agency of external forms which have been objectified in the course of history". Culture in the sociological field is analyzed as the ways of thinking and describing, acting, and the material objects that together shape a group of people's way of life.
In epistemology, and more specifically, the sociology of knowledge, reflexivity refers to circular relationships between cause and effect, especially as embedded in human belief structures. A reflexive relationship is bidirectional with both the cause and the effect affecting one another in a relationship in which neither can be assigned as causes or effects.
Karin Knorr Cetina is an Austrian sociologist well known for her work on epistemology and social constructionism, summarized in the books The Manufacture of Knowledge: An Essay on the Constructivist and Contextual Nature of Science (1981) and Epistemic Cultures: How the Sciences Make Knowledge (1999). Currently, she focuses on the study of global microstructures and Social studies of finance. Knorr Cetina is the Otto Borchert Distinguished Service Professor and Chair of the Department of Sociology at the University of Chicago.
Field research, field studies, or fieldwork is the collection of raw data outside a laboratory, library, or workplace setting. The approaches and methods used in field research vary across disciplines. For example, biologists who conduct field research may simply observe animals interacting with their environments, whereas social scientists conducting field research may interview or observe people in their natural environments to learn their languages, folklore, and social structures.
Laurent Thévenot is a French sociologist.
Georgina Emma Mary Born, is a British academic, anthropologist, musicologist and musician. As a musician she is known as Georgie Born and is known for her work in Henry Cow and with Lindsay Cooper.
David Charles Stark is Arthur Lehman Professor of Sociology at Columbia University, where he served as chair of the sociology department and currently directs the Center on Organizational Innovation. He is also Professor of Social Science at the University of Warwick. He was formerly an External Faculty Member of the Santa Fe Institute. He is well-cited in the fields of economic sociology, social networks, science and technology studies, and social change and development.
Social finance is a category of financial services which aims to leverage private capital to address challenges in areas of social and environmental need. Having gained popularity in the aftermath of the 2008 Global Financial Crisis, it is notable for its public benefit focus. Mechanisms of creating shared social value are not new, however, social finance is conceptually unique as an approach to solving social problems while simultaneously creating economic value. Unlike philanthropy, which has a similar mission-motive, social finance secures its own sustainability by being profitable for investors. Capital providers lend to social enterprises who in turn, by investing borrowed funds in socially beneficial initiatives, deliver investors measurable social returns in addition to traditional financial returns on their investment.
Sociomusicology, also called music sociology or the sociology of music, refers to both an academic subfield of sociology that is concerned with music, as well as a subfield of musicology that focuses on social aspects of musical behavior and the role of music in society.
Michael Joseph Mulkay is a retired British sociologist of science.
Engineering studies is an interdisciplinary branch of social sciences and humanities devoted to the study of engineers and their activities, often considered a part of science and technology studies (STS), and intersecting with and drawing from engineering education research. Studying engineers refers among other to the history and the sociology of their profession, its institutionalization and organization, the social composition and structure of the population of engineers, their training, their trajectory, etc. A subfield is for instance Women in engineering. Studying engineering refers to the study of engineering activities and practices, their knowledge and ontologies, their role into the society, their engagement.
Social objects are objects that gain meaning through processes of reification. Studies of this phenomenon have its origins in classical cognitive sociology, the historical traditions of the sociology of knowledge and phenomenology. A prominent work in this regard is The Rules of the Sociological Method, in which Emile Durkheim suggested the dictum, "The first and most basic rule is to consider social facts as things." This has led researchers to investigate the social and cultural contingencies of how "objects" cognitively become objects.
The sociology of valuation is an emerging area of study focusing on the tools, models, processes, politics, cultural differences and other inputs and outcomes of valuation.
