Scheduled market events synchronize global attention and create periodic emotional arousal

Evidence

Temporal structures of this sort recurrently focus a global field of watchers (i.e., participants) on possible changes of direction of the third object (i.e., the market). They bind the field to specific time frames around which global attention is heightened and in relation to which expectations are created. The ordinary temporal flow of synchronous and sequential time-zone observation is thus punctuated regularly by potentially trendchanging occurrences. The scheduled character of these events not only synchronizes experience on a collective and global level but also adds to it a measure of periodic emotional arousal (see Zerubiavel 1981, pp. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 97

Categorization

• XREF: Connects to screen-based market ethnography and the broader literature on the social construction of time in markets (Zerubavel, Durkheim). — connects to: Unscheduled events also punctuate market flow and refocus global attention — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 97; Ongoing markets sustain continual synchronous interaction unlike typical electronic groups — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 142; Prime time made attention a scheduled habit governed by ambience rather than volition — Tim Wu, The Attention Merchants, 330 (+1 more)

Related

• Scheduled economic announcements create collective ritual arousal that binds global markets (similarity 0.87)
• Ongoing markets sustain continual synchronous interaction unlike typical electronic groups (similarity 0.84)
• Unscheduled events also punctuate market flow and refocus global attention (similarity 0.80)
• Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups (similarity 0.79)

Broader Connections

• Unscheduled events also punctuate market flow and refocus global attention #qualifies (0.85) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 97
• Prime time made attention a scheduled habit governed by ambience rather than volition #exemplifies (0.80) — Tim Wu, The Attention Merchants, 330
• Ongoing markets sustain continual synchronous interaction unlike typical electronic groups #expands (0.75) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 142