Wonder How Social Relations Affect Economic Relations?
Introducing Systems of Exchange, an economic sociology resource.
What Is Systems of Exchange?
Systems of Exchange is a typology that assumes economic behavior may be influenced by social relations. Four different systems, Price, Associative, Moral, and Communal, have different assumptions about how and why people act as they do. We invite you to explore the ideas and cases on this website.
This framework was developed by Nicole Woolsey Biggart and Rick Delbridge in their article Systems of Exchange, which won the 2005 Academy of Management Review Best Paper Award.
You can access the research, case studies, and teaching resources here on this website.
Research Team
Rick Delbridge
Professor of Organisational Analysis and Dean of Research, Innovation and Enterprise at Cardiff University in Wales
Nicole W. Biggart
Research Professor and Dean Emerita at the Graduate School of Management at the University of California, Davis
Kelsey D. Meagher
Postdoctoral Researcher at the
University of California, Davis