Institutionalization in Efficient Markets: The Case of Price Bubbles
We seek to deepen understanding of the micro-foundations of institutionalization while contributing to a sociological theory of markets by investigating the puzzle of price bubbles in financial markets. We find that such markets, despite textbook conditions of high efficiency -- perfect information,...
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Main Authors: | LEVINE, Sheen S., Zajac, Edward J. |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2008
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/1059 https://doi.org/10.5465/AMBPP.2008.33649949 |
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Institution: | Singapore Management University |
Language: | English |
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