THEORETICAL AND EMPIRICAL PERSPECTIVES ON THE GOVERNANCE OF RELATIONS IN MARKETS AND ORGANIZATIONS

This introductory chapter places the contributions in this volume in the larger picture of research on governance in markets and organizations and highlights the structure of the volume. We argue that including embeddedness arguments in a model for purposive behavior is a fruitful way to extend theoretical work on governance that allows for consistent derivation of hypotheses. We hope that this theoretical focus combined with “empirical pluralism” induces a cumulative body of evidence in the new economic sociology.