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On the difficulties of addressing collective concerns through markets: from market devices to accountability devices

Neyland, D; Ehrenstein, V; Milyaeva, S; (2019) On the difficulties of addressing collective concerns through markets: from market devices to accountability devices. Economy and Society , 48 (2) pp. 243-267. 10.1080/03085147.2019.1576432. Green open access

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Abstract

In recent years market-based interventions have been positioned as the basis for addressing what the editors of this special issue have termed ‘collective concerns’ in fields as diverse as healthcare, the environment and crime. This paper considers the terms of such interventions and the market-like relations these terms pre-suppose. It does so through a comparison of two interventions: a market-based scheme to address concerns regarding electronic waste and a Social Impact Bond for children at-risk of going into care. Ideas from Science and Technology Studies are drawn on to explore the composition of market-based interventions, the terms established through accountability devices which decide on who and what gets to participate, and the consequences that follow.

Type: Article
Title: On the difficulties of addressing collective concerns through markets: from market devices to accountability devices
Open access status: An open access version is available from UCL Discovery
DOI: 10.1080/03085147.2019.1576432
Publisher version: https://doi.org/10.1080/03085147.2019.1576432
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Science and Technology Studies, market-based interventions, Social Impact Bonds, electronic waste, accountability devices
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10082060
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