ABSTRACT

The contribution introduces to the transdisciplinary approach of economic of conventions (in French économie des conventions, in short EC or “convention theory”). EC can be conceived of as a core part of new French economic sociology and as a complex (neo)pragmatist institutionalism. Conventions are institutional logics, on which actors rely on in situation of economic coordination. EC assumes a coexisting plurality of conventions, which structure economic production, distribution and consumption. The contribution presents the most important notions of conventions as well as their systematization, worked out by convention theory. Also, major studies are reviewed and important contributions to the field of economic sociology are sketched as EC’s approach to the analysis of “political economy of quantification” and EC’s contribution to an “economic sociology of law”.