Screen signals give absent traders a mediated presence that colleagues observe, read, and retransmit
Evidence
Bulletin boards, like the information exchanges illustrated before, enhance the transparency of the system within particular circuits. One can see them as part of the observatory system that the screen represents, that is, a system that allows participants to partake more directly in the stepby-step constitution of a dispersed market by giving them glimpses of the activities of concrete buyers and sellers from a distance. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 85 (
#corroborates, via linked claim)
Can we maintain that a level of intersubjectivity also obtains between individuals who are globally dispersed in space? What passes between territorially separated individuals who may never share the same space on the level of consciousness, interpretation, or reciprocal orientation? Markets—in particular, spot markets—are purportedly classic examples of anonymous, discrete exchanges ruled by supply-and-demand adjustments, rather than intersubjectivity. In general, markets have been contrasted with more genuine forms of social organization by their lack of planned coordination, reciprocity, and governance structure (Williamson 1975, 1985; Powell 1990). Can we nonetheless assume that a certain level of intersubjectivity is characteristic of some markets? In this section, we submit that participants’ reciprocal observation of markets on screens—combined with temporal mechanisms—may constitute a basis for both a form of intersubjectivity and the integration of some global spheres. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 60 (
#expands, via linked claim)
Categorization
- XREF: connects to: Screen-based trading recreated rather than abolished trader sociality and mutual anticipation. — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 427; Trading screens function as observatories permitting remote participation in market constitution — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 85; Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 60 (+6 more)
Related
- Global markets form communities of time bound by a common observed screen object. (similarity 0.95)
- Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets. (similarity 0.93)
- Trading screens function as observatories permitting remote participation in market constitution (similarity 0.92)
- Screen-mediated markets relax the need to directly observe traders watching (similarity 0.90)
- Trading screens transform distant markets into interactionally present scenes. (similarity 0.88)
- A market’s trading screen functions as a shared witnessable situation across continents. (similarity 0.88)
- Screen content assembles a globally shared object traders can watch together (similarity 0.88)
- Global traders form communities of time by observing a shared screen object (similarity 0.88)
- Screen-based trading recreated rather than abolished trader sociality and mutual anticipation. (similarity 0.85)
- Traders spend their time reading and relaying others’ market presence signals (similarity 0.83)
- Screen-based trading replaced phone communication that had kept markets fragmented by territory (similarity 0.82)
- Internal bulletin boards extend reciprocity by letting traders broadcast local market observations (similarity 0.81)
- Global market interaction produces intersubjectivity beyond face-to-face encounters (similarity 0.81)
- Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups (similarity 0.81)
- Geographically dispersed markets achieve social integration through time, not space (similarity 0.81)
Broader Connections
- Trading screens function as observatories permitting remote participation in market constitution
#corroborates(0.88) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 85 - Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets.
#expands(0.85) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 60 - Global markets form communities of time bound by a common observed screen object.
#expands(0.80)