Expanding the Economic Concept of Exchange

Exchange is a pervasive concept in everyday life, affecting phenomena as diverse as interpersonal relationships and market transactions. In addition, economists have used the concept in a highly specific and clearly delineated way. Against this background, Expanding the Economic Concept of Exchange sets out to expand the concept of exchange by crossing the boundaries laid down by economists and by examining the function played by deceptions, self-deceptions and illusions. The main motivation for expanding the concept of exchange was the realization that in the prototypical economic model deception is not taken into account. Hence, economists traditionally regard deception as some sort of irrationality, as a flaw in an otherwise perfectly rational process. Authors represented in this volume take a different approach examining deception as a constituent quality of exchange. This is shown by the contributions drawing on recent developments in economic theory, by those with an anthropological orientation, as well as by a contribution referring specifically to Adam Smith. An interrogation into deception is long overdue in economics. This volume prepares the ground for and makes the first contributions to explicitly acknowledging deceptions, self-deceptions and illusions as fundamental dimensions allowing us as economists to further research and develop the concept of change. A particular and perhaps unexpected focus of this volume lies on anthropology, because economics can clearly benefit from integrating selected results on deception from outside its expanding domain. It is primarily targeted at economists interested in institutional aspects of exchanges and social theory. In addition, the topic will find interested readers from anthropology, cultural studies, science studies, philosophy.

InhaltsangabeAcknowledgements. 1. Introduction; C. Gerschlager. Part I: The Conceptual Range of Exchange and Deception. 2. Is (Self-)Deception an Indispensable Quality of Exchange? A New Approach to Adam Smith's Concept; C. Gerschlager. 3. Exchange and Emotions; P. Dumouchel. 4. On Exchange and Deception. How the Logic of Exchange Excludes Deception and Fraud, And How We Thereby are Mistaken about its True Ethical Properties; U. Thielemann. Part II: The Economics of Deception: Simulation and Pseudo-Realities. 5. On Exchange and Deceit; H. Bonus. 6. Economists Encounter Cyborgs; P. Mirowski. Part III: Archaic Religious Settings of Exchanges: Animal Spirits, Gods and Other `Imaginary Partners'. 7. The Go-Between: Reflections on a Mechanism of Ritual Exchange; A. de Sales. 8. Tricks on the Trade or How Siberian Hunters Play the Game of Life-Exchange; R.H. Hamayon. 9. On Mauss and Myths. Exploring Different Forms of Exchange; M. Treml. Part IV: Deception in Economic Anthropology: Being Mystified? 10. Misrepresenting the Potlatch; I. Schulte-Tenckhoff. 11. On Reciprocity. A Case Study on Insufficient State of Notions of Economic Criticism; J. Fahlbusch. Part V: Gender, Sacrifice and Veils. 12. In-Ex-Change-Able. Sketches on Women - Exchange - Desire; B. Krondorfer. 13. Violence Deceived: Changing Reciprocities from Vengeance to Gift Exchange; M.R. Anspach. 14. The Technologisation of Money; W. Berger. 15. Conclusions; C. Gerschlager. Subject Index. Author Index. About the Authors.