Daniel Beunza
Affiliation
- Acting Director, Center on Organizational Innovation
Research
Professor Beunza studies how social relations and technology shape value. Empirically, his work focuses on Wall Street and other financial settings. In one project, Beunza studied how a Wall Street bank organized its derivatives trading rooms to find profit opportunities. In another, he examined how securities analysts value companies whose future is radically uncertain. In yet another study, Beunza observed how Wall Street traders recovered from the attack of 9/11, rebuilt their trading equipment and found meaning in work outside Lower Manhattan. BeunzaÂ's work, together with that of other sociologists in the United States and Europe, brings back the role of technological artifacts and mental models into our understanding of the capital markets and is known as the social studies of finance.
Selected Work
A Price is a Social Thing: Towards a Material Sociology of Arbitrage. Organization Studies; 27 (5), 5 2006, 721–45. Coauthor(s): Iain Hardie, Donald MacKenzie.
Tools of the Trade: The Socio-technology of Arbitrage in a Wall Street Trading Room. Industrial and Corporate Change; 13 (2), 2004, 369–400. Coauthor(s): David Stark.
The Organization of Responsiveness: Innovation and Recovery in the Trading Rooms of Lower Manhattan. Socio-Economic Review; 1 (2), 5 2003, 135–64. Coauthor(s): David Stark.
