Studying performativity forces attention to the very market objects economics analyzes.

Evidence

Inquiring into Barnesian performativity thus involves more than an examination of the extent, the manner, and the general effects of the use of economics in economic practice. In investigating market conditions and prices and in judging whether they have moved toward (or away from) conformity to an aspect of economics, one is not just examining economics and those who develop and use it; inevitably one is also studying the “objects” that economics analyzes. That is something that the field to which much of my work has belonged the sociology of scientific knowledge has sometimes been reluctant to do. — Donald MacKenzie, An Engine, Not a Camera, 101

Categorization

• XREF: Connects to the sociology of scientific knowledge literature (SSK) and its reticence about studying economics’ own objects. — connects to: Economics operates through material devices and algorithms as much as beliefs. — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 95; Barnesian performativity means models create the price patterns they describe — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 148; Economic performativity rests on human cognitive limits and mutual susceptibility — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 1197 (+3 more)

Broader Connections

• Economic theory embodied in devices performs and creates its own posited phenomena. #corroborates (0.85) — Donald MacKenzie, An Engine, Not a Camera, 1196
• Barnesian performativity means models create the price patterns they describe #corroborates (0.80) — Donald MacKenzie, An Engine, Not a Camera, 148
• Economic performativity rests on human cognitive limits and mutual susceptibility #expands (0.75) — Donald MacKenzie, An Engine, Not a Camera, 1197
• Performativity analysis complements rather than replaces economic sociology’s embedding approach #complicates (0.72) — Donald MacKenzie, An Engine, Not a Camera, 1183
• Markets act as cognitive prostheses enabling outcomes beyond individual rationality #expands (0.72) — Donald MacKenzie, An Engine, Not a Camera, 1206