Auctions: The Social Construction of Value

by Charles W. Smith

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Long the preferred method of exchange for antiques and horseflesh, auctions are used today to sell everything from bestselling books to real estate, government bonds to abandoned automobiles. As sociologist Charles Smith reveals, the mechanical law of supply and demand rarely governs the auction process. Rather value is determined by a complex social process combining both the beliefs and actions of the auction participants and the assumptions and...

Format:Paperback

Language:English

ISBN:0520072014

ISBN13:9780520072015

Release Date:August 1990

Publisher:University of California Press

Length:237 Pages

Weight:0.75 lbs.

Dimensions:0.6" x 6.0" x 9.0"

Related Subjects

Accounting Accounting & Finance Anthropology Business & Finance Business & Investing Cultural Economics International International Business Politics & Social Sciences Popular Economics Social Science Social Sciences Sociology

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Auctions: The Social Construction of Value

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