Jump to ContentJump to Main Navigation
Between Hierarchies and MarketsThe Logic and Limits of Network Forms of Organization$
Users without a subscription are not able to see the full content.

Grahame F. Thompson

Print publication date: 2003

Print ISBN-13: 9780198775270

Published to Oxford Scholarship Online: January 2010

DOI: 10.1093/acprof:oso/9780198775270.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 30 September 2020

Hierarchies, Markets, and Networks: A Preliminary Comparison

Hierarchies, Markets, and Networks: A Preliminary Comparison

(p.21) 2 Hierarchies, Markets, and Networks: A Preliminary Comparison
Between Hierarchies and Markets

Grahame F. Thompson (Contributor Webpage)

Oxford University Press

This chapter sets out the traditional analysis of network as a different organisational arrangement to either hierarchy or market. The contrast is between hierarchies, markets, and networks as first coordinating devices and then as governance mechanisms. In the first instance, these are set up as ‘rivalrously complementary’ ideal types of social organisation to demarcate the different claims they make on how the organisation of the social is to be understood. The chapter lays out the basic claims made for networks in particular, as to how they are different from hierarchical and market forms of organisation. In other words, the chapter tries to systematise what might be the logic of networks and the legitimate limits to their operation. For hierarchical forms of organisation, the key features for governance are rule-bounded bureaucracy, authority, administration, and superordination and subordination. For market forms, the key features are price, self-interest, competition, and formal contracts.

Keywords:   networks, markets, hierarchies, governance, social organisation, logic, bureaucracy, competition, subordination, formal contracts

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .