• Journal of Science and Technology Studies
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• v.19 no.2
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• pp.1-40
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• 2019

Built upon ethnographic method such as participant observation and in-depth interview, this study analyzes the material culture of electronic flower auctions at Yangjae Flower Market. From the viewpoint of Actor-Network Theory(ANT), this research examines how human actors like dealers and auctioneers interact with nonhuman actors such as market devices and these interactions form networks called "agencement." This research is focused on three main objectives: first, to study how the performance of auctions - i.e. the interactions between auctioneers and dealers - change in the wake of new market devices in the auctions; secondly, to look into what changes artifacts bring to the social relationships between auctioneers and dealers; lastly, to analyze the influence of new market devices on auction price in the market. The results of this research are as follows. First, the appearance of new market devices generates changes in the performance of auctions, which means the change of 'agencement' of flower auctions. Direct interactions between auctioneers and dealers turned into indirect interactions through new market devices. Moreover, the changes in the agencement brought changes to the identity of auctioneers and dealers. Secondly, the new agencement caused by the inflow of new market devices formed the trust between the devices and human actors, which gave rise to the trust in electronic auction and in counterpart actors as well. In addition, new market devices lowered direct interactions between auctioneers and dealers and thus made more equal relationships between the two than before. Lastly, market devices like trading screen reduced the leverage of auctioneers by providing dealers with bidding information previously possessed by auctioneers much openly and dealers were able to decide auction prices in more reasonable and dispassionate manner. Economic agency, power, trust, price, and information in the market is material and sensory.

• Journal of Science and Technology Studies
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• v.17 no.2
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• pp.81-111
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• 2017

In this paper, I focus on the performativity thesis introduced and developed by Science and Technology Studies (STS) scholars such as Callon, MacKenzie, etc. since the mid 1990s. The performativity thesis was discussed in economic sociology by STS scholars has been pervaded to other research areas including general economics, accounting, finance and so on. The main idea of the thesis is that economic theories perform, shape, and format economy rather than just describe economy. I show that the thesis is based on the traditional STS ideas such as performativity derived from Merton's self-fulfilling prophecy and the actor-network theory. Although the thesis has been criticised by various researchers from both inside and outside STS, it has provided meaningful implications for understanding economic phenomenon from a viewpoint of STS. Furthermore, reflexive researches for performativity of STS theories can be discussed in the next stage.