This essay is the concluding chapter for The Worth of Goods: Valuation and Pricing in the Economy, edited by Patrik Aspers and Jens Beckert (Oxford University Press). I start with an insight of John Dewey's that the terms price, prize, and praise all share a common Latin root. To this triplicate...

In this essay we explore the crucial role of diversity in the context of a financial organization. Trading rooms, like many organizations, face two major cognitive challenges. The first is the challenge of recognizing opportunities. The second cognitive challenge is that of recognizing error. As...

In the competitive and ever changing new-media industry, web-design firms have emerged and survived in a highly uncertain environment by becoming relentlessly innovative. They have decentralized their management—i.e., involved every unit in the innovative process and explored new...