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Civilizing markets: Carbon trading between in vitro and in vivo experiments

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  • Callon, Michel

Abstract

The creation of carbon markets is one of the solutions currently envisaged to meet the widely recognized challenge of global warming. The contributions in this special section of Accounting, Organizations and Society show that many controversies nevertheless exist on the ways in which these markets are organized, the calculative tools that are devised to equip them, and the role that they are supposed to play, especially in relation to other types of intervention which favour political measures or technological research. In light of these controversies, the article considers carbon markets as on-going collective experiments. It is argued that carbon trading is an exceptional site for identifying the stakes involved in such experiments and for identifying better what the dynamics of civilizing markets could be.

Suggested Citation

  • Callon, Michel, 2009. "Civilizing markets: Carbon trading between in vitro and in vivo experiments," Accounting, Organizations and Society, Elsevier, vol. 34(3-4), pages 535-548, April.
  • Handle: RePEc:eee:aosoci:v:34:y:2009:i:3-4:p:535-548
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    References listed on IDEAS

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    1. Alvin E. Roth, 2009. "What Have We Learned from Market Design?," Innovation Policy and the Economy, University of Chicago Press, vol. 9(1), pages 79-112.
    2. Donald Mackenzie & Fabian Muniesa & Lucia Siu, 2007. "Do Economists Make Markets? On the Performativity of Economics," Post-Print halshs-00149145, HAL.
    3. Fabian Muniesa & Michel Callon, 2007. "Economic experiments and the construction of markets," Post-Print halshs-00177935, HAL.
    4. Donald MacKenzie, 2006. "An Engine, Not a Camera: How Financial Models Shape Markets," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262134608, December.
    5. Michel Callon & Fabian Muniesa, 2005. "Economic markets as calculative collective devices," Post-Print halshs-00087477, HAL.
    6. Amin, Ash & Roberts, Joanne, 2008. "Knowing in action: Beyond communities of practice," Research Policy, Elsevier, vol. 37(2), pages 353-369, March.
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