Prof. Dr. Jens Beckert

MPIfG Book
Uncertain Futures considers how economic actors visualize the future and decide how to act in conditions of radical uncertainty. It starts from the premise that dynamic capitalist economies are characterized by relentless innovation and novelty and hence exhibit an indeterminacy that cannot be reduced to measurable risk. The organizing question then becomes how economic actors form… more

MPIfG Buch
Jens Beckert nimmt die temporale Ordnung des modernen Wirtschaftslebens ernst und entwickelt einen neuen Blick auf die Dynamik des Kapitalismus. Im Mittelpunkt seiner Untersuchung stehen die fiktionalen Erwartungen der Akteure – Imaginationen und Narrative darüber, was die Zukunft bringt. Mit den Instrumenten der Soziologie und der Literaturtheorie liefert er eine umfassende Typologie… more

MPIfG Book
Anchored in economic sociology, this book contributes to the analysis and understanding of market exchanges in conditions of illegality from a perspective that focuses on the social organization of markets. Offering both theoretical reflections and case studies, the chapters assembled in the volume address the consequences of the illegal production, distribution, and consumption of… more

MPIfG Book
In a capitalist system, consumers, investors, and corporations orient their activities toward a future that contains opportunities and risks. How actors assess uncertainty is a problem that economists have tried to solve through general equilibrium and rational expectations theory. Powerful as these analytical tools are, they underestimate the future's unknowability by assuming that… more

MPIfG Book
How can we engage in a market relationship when the quality of the goods we want to acquire is unknown, invisible, or uncertain? For market exchange to be possible, purchasers and suppliers of goods must be able to assess the quality of a product in relation to other products. Only by recognizing qualities and perceiving quality differences can purchasers make non-random choices, and… more