LEADER 04772nam 2200829 a 450 001 9910790953403321 005 20200520144314.0 010 $a1-4008-3787-1 010 $a1-282-96499-2 010 $a9786612964992 024 7 $a10.1515/9781400837878 035 $a(CKB)2550000001251876 035 $a(EBL)664575 035 $a(OCoLC)705945414 035 $a(SSID)ssj0000473448 035 $a(PQKBManifestationID)11913265 035 $a(PQKBTitleCode)TC0000473448 035 $a(PQKBWorkID)10448983 035 $a(PQKB)10495211 035 $a(SSID)ssj0000544993 035 $a(PQKBManifestationID)12209127 035 $a(PQKBTitleCode)TC0000544993 035 $a(PQKBWorkID)10553992 035 $a(PQKB)11705920 035 $a(OCoLC)899265690 035 $a(MdBmJHUP)muse36724 035 $a(DE-B1597)446875 035 $a(OCoLC)979624023 035 $a(DE-B1597)9781400837878 035 $a(Au-PeEL)EBL664575 035 $a(CaPaEBR)ebr10443103 035 $a(CaONFJC)MIL296499 035 $a(MiAaPQ)EBC664575 035 $a(PPN)176240268 035 $a(EXLCZ)992550000001251876 100 $a20110311h20082005 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aStatus signals$b[electronic resource] $ea sociological study of market competition /$fJoel M. Podolny 205 $aCourse Book 210 $aPrinceton, N.J. $cPrinceton University Press$d2008, c2005 215 $a1 online resource (304 p.) 225 0 $aA Princeton University Press e-book 300 $aDescription based upon print version of record. 311 $a0-691-13643-2 311 $a0-691-11700-4 320 $aIncludes bibliographical references (p. [267]-277) and index. 327 $t Frontmatter -- $tContents -- $tIllustrations -- $tTables -- $tAcknowledgments -- $tIntroduction. An Emergent Perspective from an Emergent Field -- $tChapter 1. Status, Reputation, and Quality -- $tChapter 2. The Matthew Effect (Un)Bounded -- $tChapter 3. Getting More for Less in the Investment Banking Industry -- $tChapter 4. To Mingle or Not to Mingle with the Hoi Polloi: That Is The Question -- $tChapter 5. The Medium, the Message, and the Signal -- $tChapter 6. Status And Invention -- $tChapter 7. Embeddedness And Entry -- $tChapter 8. An Evolutionary Perspective On Status Segregation -- $tChapter 9. Uncertainty Reconsidered -- $tChapter 10. Conclusion -- $tBibliography -- $tIndex 330 $aWhy are elite jewelers reluctant to sell turquoise, despite strong demand? Why did leading investment bankers shun junk bonds for years, despite potential profits? Status Signals is the first major sociological examination of how concerns about status affect market competition. Starting from the basic premise that status pervades the ties producers form in the marketplace, Joel Podolny shows how anxieties about status influence whom a producer does (or does not) accept as a partner, the price a producer can charge, the ease with which a producer enters a market, how the producer's inventions are received, and, ultimately, the market segments the producer can (and should) enter. To achieve desired status, firms must offer more than strong past performance and product quality--they must also send out and manage social and cultural signals. Through detailed analyses of market competition across a broad array of industries--including investment banking, wine, semiconductors, shipping, and venture capital--Podolny demonstrates the pervasive impact of status. Along the way, he shows how corporate strategists, tempted by the profits of a market that would negatively affect their status, consider not only whether to enter the market but also whether they can alter the public's perception of the market. Podolny also examines the different ways in which a firm can have status. Wal-Mart, for example, has low status among the rich as a place to shop, but high status among the rich as a place to invest. Status Signals provides a systematic understanding of market dynamics that have--until now--not been fully appreciated. 606 $aEconomics$xSociological aspects 606 $aMarkets$xSocial aspects 606 $aSocial status 606 $aSocial networks 606 $aSocial values 615 0$aEconomics$xSociological aspects. 615 0$aMarkets$xSocial aspects. 615 0$aSocial status. 615 0$aSocial networks. 615 0$aSocial values. 676 $a658.8/02 686 $a83.05$2bcl 700 $aPodolny$b Joel M$01465354 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910790953403321 996 $aStatus signals$93675340 997 $aUNINA