Economists have begun importing sociological insights about social organization into exchange theory
Evidence
A number of authors from both traditions have recognized these difficulties and have attempted to impart some of the insights and orientations of the one intellectual stream to the other. In economics, Yoram Ben-Porath (1980) has developed ideas concerning the functioning of what he calls the “F-connection” in exchange systems. The F-connection is families, friends, and firms, and Ben-Porath, drawing on literature in anthropology and sociology as well as economics, shows the way these forms of social organization affect economic exchange. — Coleman, SocialCapitalCreation-1988, 21
Categorization
- DEFINE: Introduces the ‘F-connection’ concept — families, friends, and firms — as a synthesis term for social forms that shape economic exchange.
- SHARE: Worth flagging to a colleague working on embeddedness or economic sociology; the F-connection is a compact coinage for the field’s founding motivation.
- XREF: connects to: Social capital grafts social structure onto rational-choice theory. — Coleman, SocialCapitalCreation-1988, 7; Coalition formation is where coordination theory and sociology meet — Thomas C. Schelling, The Strategy of Conflict, 690; Rational action theory can analyze social systems without discarding social organization — Coleman, SocialCapitalCreation-1988, 31 (+2 more)
Related
- Rational action theory can analyze social systems without discarding social organization (similarity 0.78)
Broader Connections
- Social capital grafts social structure onto rational-choice theory.
#exemplifies(0.85) — Coleman, SocialCapitalCreation-1988, 7 - Rational action theory can analyze social systems without discarding social organization
#corroborates(0.80) — Coleman, SocialCapitalCreation-1988, 31 - Coalition formation is where coordination theory and sociology meet
#exemplifies(0.72) — Thomas C. Schelling, The Strategy of Conflict, 690