Information, classification and contestability: a cultural economics approach to Uber’s entry into the taxi industry
Because of their novelty, the rise of large platform companies, such as Uber, pose a genuine challenge to our attempts to classify and understand economic activities. This article utilises a broad view of cultural economics and subjectivist economic analysis to provide some clarity. We see how econo...
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| Published in | The Review of Austrian economics Vol. 37; no. 4; pp. 421 - 442 |
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| Main Author | |
| Format | Journal Article |
| Language | English |
| Published |
New York
Springer US
01.12.2024
Springer Nature B.V |
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| Online Access | Get full text |
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| Abstract | Because of their novelty, the rise of large platform companies, such as Uber, pose a genuine challenge to our attempts to classify and understand economic activities. This article utilises a broad view of cultural economics and subjectivist economic analysis to provide some clarity. We see how economic analysis is capable of dealing with companies that provide information based services, and why such industries are increasingly common. Goods, product categories and consumption rituals are all considered as social constructs, and subject to cultural interpretation. The main implication of this approach is how the prevention of exclusion and the elimination of entry barriers are both related and relevant to the well-functioning of market orders. |
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| AbstractList | Because of their novelty, the rise of large platform companies, such as Uber, pose a genuine challenge to our attempts to classify and understand economic activities. This article utilises a broad view of cultural economics and subjectivist economic analysis to provide some clarity. We see how economic analysis is capable of dealing with companies that provide information based services, and why such industries are increasingly common. Goods, product categories and consumption rituals are all considered as social constructs, and subject to cultural interpretation. The main implication of this approach is how the prevention of exclusion and the elimination of entry barriers are both related and relevant to the well-functioning of market orders. |
| Author | Evans, Anthony J. |
| Author_xml | – sequence: 1 givenname: Anthony J. orcidid: 0000-0002-4261-9819 surname: Evans fullname: Evans, Anthony J. email: anthonyjevans@gmail.com organization: ESCP Business School |
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| SubjectTerms | Classification Competition Economic analysis Economics Economics and Finance Elimination History of Economic Thought/Methodology Multiculturalism & pluralism Political Science Public Finance Rituals Social construction Taxicabs |
| Title | Information, classification and contestability: a cultural economics approach to Uber’s entry into the taxi industry |
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