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Price indexing and calculations of procurability: public transport markets in the making
Malmö University, Faculty of Culture and Society (KS), Department of Urban Studies (US).ORCID iD: 0000-0001-7357-2665
2018 (English)Conference paper, Published paper (Other academic)
Abstract [en]

This paper takes a fresh look at an economic calculation device vital to actions and investments in various markets, the price index. Despite its importance, the price index has been surprisingly overlooked in previous studies in the sociology of market devices and financial instruments. In economics and in the history of economic thought, however, there is substantial amount of intellectual work concerning the construction of index numbers, desirable characteristics of index numbers and the relationship between index numbers and economic theory. To overcome this gap, this paper zooms in on the construction of a basket of price indexes on the one hand, and on the application of this basket in the processes of standardizing calculations in the market for procured public transport in Sweden, on the other. As such, the paper contributes with new knowledge to the sociology of market devices by providing conceptualizations of the price index as a device to standardize calculations and thereby levelling out the market conditions, which are, as it were, understood as necessary for constructing procurability.

Place, publisher, year, edition, pages
2018.
Keywords [en]
Markets, Public procurement, Public transport
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:mau:diva-10807Local ID: 26774OAI: oai:DiVA.org:mau-10807DiVA, id: diva2:1407850
Conference
Market Situations – Situated Markets. 5th Interdisciplinary Market Studies Workshop,, Copenhagen, Denmark (June 6 – 8, 2018)
Available from: 2020-02-29 Created: 2020-02-29 Last updated: 2022-04-26Bibliographically approved

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fulltext(609 kB)271 downloads
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File name FULLTEXT01.pdfFile size 609 kBChecksum SHA-512
82e7a6e424932c6564e69e1a5d8a45a21cce63b43c6bc423c9eb63918e30fac0deb2fdfffeea39613cb0ba977d0d1b27e15f51556258855c8e20b651f0671c0e
Type fulltextMimetype application/pdf

Other links

https://www.tilmeld.dk/Markets2018https://files.conferencemanager.dk/medialibrary/51432DDB-BBE3-4327-85F4-BE3493077470/images/35_Paulsson___Westerdahl.pdf

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Westerdahl, Stig

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf