introduction to the social studies of finance 03-2009
TRANSCRIPT
How can the social studies of finance help us to understand financial markets?Erica CoslorDoctoral Candidate, University of Chicago, Department of Sociology
The Chaos of Finance
Andreas Gursky Chicago Board of Trade II (1999)
… To Our Current Financial Crisis
Traders and Emotion
Shaping Technologies
Stock Ticker
Bloomberg Terminal
Emptying of the Pits
Rise of the Screen
Life on Screens
Reuters Screen
FTSE Screen
Global Assemblages
Blaylock Direct Market Access System
Communities of Time
24 hour trading in financial markets
Important ModelsThe FICO™ Score
Implications
• Financial markets are complex socio-technical systems
• Technologies, market devices and assemblages matter
• We need to take a closer look inside the models…
• AND see how they relate to people, organizations, and machines