Article | Valuation Studies | Exemplary Goods: Exemplars as Judgment Devices





Title:
Exemplary Goods: Exemplars as Judgment Devices
Author:
Erwin Dekker: Erasmus School of History, Culture & Communication, Erasmus University Rotterdam, The Netherlands
DOI:
10.3384/VS.2001-5992.1642103
Read article:
Full article (pdf)
Abstract:
In this article the notion of exemplars is developed to study valuation processes. It argues that exemplary goods are an important ‘judgment device’ on markets of singular goods, which has so far been ignored in the literature. The article draws on Hannah Arendt’s theory of exemplars, as well as literature from the philosophy of science and psychology to construct the new concept. Exemplars are particular goods that become focal points in markets that facilitate the mutual coordination of consumers and producers. From these exemplars norms of quality emerge which are otherwise hard or impossible to explicate. These exemplars and the norms of quality which emerge from them help shape the expectations of both producers and consumers with regard to new goods that are introduced to the market. Two illustrative cases, on classic literature and hip-hop music, are presented to demonstrate the relevance of the concept.
Keywords:
Valuation; exemplars; economy of qualities; cultural economics; singular goods; classification
Year:
2016
Volume:
4
Issue:
2
Pages:
103-124
No. of pages:
22
Publication type:
Article
Published:
2016-12-20

Volume 4, Issue: 2, Article 2, 2016

Author:
Erwin Dekker
Title:
Exemplary Goods: Exemplars as Judgment Devices:
DOI:
10.3384/VS.2001-5992.1642103
References:

Altman, Rick. 1999. Film/Genre. London: British Film Institute.

Arendt, Hannah. 1982. Lectures on Kant’s Political Philosophy. Chicago, IL: University of Chicago Press.

Barsalou, Lawrence W. 1985. “Ideals, Central Tendency, and Frequency of Instantiation as Determinants of Graded Structure in Categories.” Journal of Experimental Psychology 11(4): 629–654. DOI: 10.1037/0278-7393.11.1-4.629

Beckert, Jens. 2012. “The ‘Social Order of Markets’ Approach: A Reply to Kurtulus Gemici.” Theory and Society 41(1): 119–125, DOI: 10.1007/s11186-011-9160-6.

Beckert, Jens, and Christine Musselin. 2013. Constructing Quality: The Classification of Goods in Markets. Oxford: Oxford University Press, DOI: 10.1017/CBO9781107415324.004.

Burnett, Russell C., Douglas L. Medin, Norbert O. Ross, and Sergey V. Blok. 2005. “Ideal Is Typical.” Canadian Journal of Experimental Psychology 59(1): 3–10. DOI: 10.1037/h0087453

Callon, Michel, Cécile Méadel, and Vololona Rabeharisoa. 2002. “The Economy of Qualities.” Economy and Society 31(2): 194–217. DOI: 10.1080/03085140220123126

Carroll, Glenn R., and Anand Swaminathan. 2000. “Why the Microbrewery Movement? Organizational Dynamics of Resource Partitioning in the U.S. Brewing Industry.” American Journal of Sociology 106(3): 715–762. DOI: 10.1086/318962

Caves, Richard. 2000. Creative Industries: Contracts between Art and Commerce. Cambridge, MA: Harvard University Press.

Danko, Dagmar. 2008. “Nathalie Heinich’s Sociology of Art ? and Sociology from Art.” Cultural Sociology 2: 242–256, DOI 10.1177/ 1749975508091035.

DiMaggio, Paul. 1987. “Classification in Art.” American Sociological Review 52(4): 440–455. DOI: 10.2307/2095290

Earl, Peter E., and Jason Potts. 2013. “The Creative Instability Hypothesis.” Journal of Cultural Economics 37(2): 153–173. DOI: 10.1007/s10824-012-9174-6

Eymard-Duvernay, François, Olivier Favereau, André Orléan, Robert Salais, and Laurent Thévenot. 2005. “Pluralist Integration in the Economic and Social Sciences: The Economy of Conventions.” Post-Autistic Economics Review 34: 22–40.

Hayek, Friedrich A. 1937. “Economics and Knowledge.” Economica 4(13): 33–54. DOI: 10.2307/2548786

Hayek, Friedrich A. 1945. “The Use of Knowledge in Society.” The American Economic Review 35(4): 519–530.

Hayek, Friedrich A. 1948. “The Meaning of Competition.” In Individualism and Economic Order, 92–106. Chicago, IL: University of Chicago Press.

Heinich, Nathalie. 2005. L’élite artiste. Excellence et singularité en régime démocratique. Paris: Editions Gallimard.

Hutter, Michael. 2011. “Infinite Surprises: On the Stabilization of Value in the Creative Industries.” In The Worth of Goods, edited by Jens Beckert and Patrik Aspers, 201–222. Oxford: Oxford University Press. DOI: 10.1093/acprof:osobl/9780199594641.003.0009

Jones, Candace, Massimo Maoret, Felipe G. Massa, and Silviya Svejenova. 2012. “Rebels with a Cause: Formation, Contestation, and Expansion of the De Novo Category ‘Modern Architecture,’ 1870-1975.” Organization Science 23(6): 1523–1545, DOI: 10.1287/orsc.1110.0701.

Karpik, Lucien. 2010. Valuing the Unique: The Economics of Singularities. Princeton, NJ: Princeton University Press.

Kjellberg, Hans, Alexandre Mallard, Diane-Laure Arjaliès, Patrik Aspers, Stefan Beljean, Alexandra Bidet, Alberto Corsin, Emmanuel Didier, Marion Fourcade, Susi Geiger, Klaus Hoeyer, Michèle Lamont, Donald MacKenzie, Bill Maurer, Jan Mouritsen, Ebba Sjögren, Kjell Tryggestad, François Vatin, and Steve Woolgar. 2013. “Valuation Studies? Our Collective Two Cents.” Valuation Studies 1 (1): 51–81, DOI: 10.3384/vs.2001-5992.13111.

Kopytoff, Igor. 1986. “The Cultural Biography of Things: Commoditization as a Process.” In The Social Life of Things, edited by Arjun Appadurai, 64–91. Cambridge: Cambridge University Press. DOI: 10.1017/CBO9780511819582.004

Kuhn, Thomas S. 1970. “Postscript.” In The Structure of Scientific Revolutions,2nd ed. 174–210. Chicago, IL: University of Chicago Press.

Levy, Thierry. 2002. “The Theory of Conventions and a New Theory of the Firm.” In Intersubjectivity in Economics: Agents and Structures, edited by Edward Fullbrook, 254–272. London: Routledge.

Lynch, Elizabeth B., John D. Coley, and Douglas L. Medin. 2000. “Tall Is Typical: Central Tendency, Ideal Dimensions, and Graded Category Structure among Tree Experts and Novices.” Memory & Cognition 28(1): 41–50. DOI: 10.3758/BF03211575

Mervis, Carolyn B. and Eleanor Rosch. 1981. “Categorization of Natural Objects.” Annual Review of Psychology 32: 89–115. DOI: 10.1146/annurev.ps.32.020181.000513

Musselin, Christine, and Catherine Paradeise. 2005. “Quality: A Debate.” Sociologie Du Travail 47: 89–123, DOI: 10.1016/j.soctra.2005.09.002.

Navis, Chad, and Mary Ann Glynn. 2010. “How New Market Categories Emerge: Temporal Dynamics of Legitimacy, Identity, and Entrepreneur-ship in Satellite Radio 1990-2005.” Administrative Science Quarterly 55(3): 439–471. DOI: 10.2189/asqu.2010.55.3.439

Nosnitsky, Andrew. 2012. “Classic Material.” Pitchfork, http://pitchfork.com/features/hall-of-game/8997-classic-material/, accessed  June 8, 2016.

Rosa, José Antonio, Joseph F. Porac, Jelena Runser-Spanjol, and Michael S. Saxon. 1999. “Sociocognitive Dynamics in a Product Market.” Journal of Marketing 63: 64–77. DOI: 10.2307/1252102

Rosch, Eleanor. 1978. “Principles of Categorization.” In Cognition and Categorization, edited by Eleanor Rosch and Barbara B. Lloyd, 27–48. Hillsdale, NJ: Lawrence Erlbaum Associates.

Rosch, Eleanor, and Carolyn B. Mervis. 1975. “Family Resemblances: Studies in the Internal Structure of Categories.” Cognitive Pscyhology 7: 573–605. DOI: 10.1016/0010-0285(75)90024-9

Schelling, Thomas C. 1960. The Strategy of Conflict. Cambridge, MA: Harvard University Press.

Smith, Barbara Herrnstein. 1983. “Contingencies of Value.” Critical Inquiry 10(1): 1–35. DOI: 10.1086/448235

Sugden, Robert. 1995. “A Theory of Focal Points.” The Economic Journal 105(430): 533–550. DOI: 10.2307/2235016

Weber, Max. 1904 [1949]. The Methodology of the Social Sciences, edited by Edward A. Shills and Henry A. Finch. Glencoe, IL: The Free Press.

White, Harrison C. 2002. Markets from Networks: Socioeconomic Models of Production. Princeton, NJ: Princeton University Press.

Wilson, Elliott. 2012. “Believe the Kendrick Lamar Hype?” Life and Times, http://lifeandtimes.com/believe-the-kendrick-lamar-hype, accessed June 8, 2016.

Zuckerman, Ezra W. 1999. “The Categorical Imperative: Securities Analysts and the Illegitimacy Discount.” American Journal of Sociology 104(5): 1398–1438. DOI: 10.1086/210178

Volume 4, Issue: 2, Article 2, 2016

Author:
Erwin Dekker
Title:
Exemplary Goods: Exemplars as Judgment Devices:
DOI:
10.3384/VS.2001-5992.1642103
Note: the following are taken directly from CrossRef
Citations:
  • Claes-Fredrik Helgesson (2016). Folded Valuations?. Valuation Studies, 4(2): 93. DOI: 10.3384/VS.2001-5992.164293
  • Export in BibTex, RIS or text