{"id":"https://openalex.org/W2903154751","doi":"https://doi.org/10.1080/03085147.2018.1528076","title":"\u2018Making\u2019, \u2018taking\u2019 and the material political economy of algorithmic trading","display_name":"\u2018Making\u2019, \u2018taking\u2019 and the material political economy of algorithmic trading","publication_year":2018,"publication_date":"2018-10-02","ids":{"openalex":"https://openalex.org/W2903154751","doi":"https://doi.org/10.1080/03085147.2018.1528076","mag":"2903154751"},"language":"en","primary_location":{"id":"doi:10.1080/03085147.2018.1528076","doi":"https://doi.org/10.1080/03085147.2018.1528076","is_oa":true,"landing_page_url":"https://doi.org/10.1080/03085147.2018.1528076","pdf_url":"https://www.tandfonline.com/doi/pdf/10.1080/03085147.2018.1528076?needAccess=true","source":{"id":"https://openalex.org/S25250876","display_name":"Economy and Society","issn_l":"0308-5147","issn":["0308-5147","1469-5766"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economy and Society","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://www.tandfonline.com/doi/pdf/10.1080/03085147.2018.1528076?needAccess=true","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5027331101","display_name":"Donald A. MacKenzie","orcid":"https://orcid.org/0000-0002-1860-8116","observed_orcids":["https://orcid.org/0000-0002-1860-8116"]},"institutions":[{"id":"https://openalex.org/I98677209","display_name":"University of Edinburgh","ror":"https://ror.org/01nrxwf90","country_code":"GB","type":"education","lineage":["https://openalex.org/I98677209"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Donald MacKenzie","raw_affiliation_strings":["Donald MacKenzie, School of Social and Political Science, University of Edinburgh, 15a George Square, Edinburgh EH8 9LD, United Kingdom"],"raw_orcid":"https://orcid.org/0000-0002-1860-8116","affiliations":[{"raw_affiliation_string":"Donald MacKenzie, School of Social and Political Science, University of Edinburgh, 15a George Square, Edinburgh EH8 9LD, United Kingdom","institution_ids":["https://openalex.org/I98677209"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5027331101"],"corresponding_institution_ids":["https://openalex.org/I98677209"],"apc_list":null,"apc_paid":{"value":638,"currency":"EUR","value_usd":688},"fwci":8.5997,"has_fulltext":true,"cited_by_count":68,"citation_normalized_percentile":{"value":0.97856183,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":99},"biblio":{"volume":"47","issue":"4","first_page":"501","last_page":"523"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9014000296592712,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9014000296592712,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.01679999940097332,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12501","display_name":"Digital Economy and Work Transformation","score":0.007499999832361937,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/algorithmic-trading","display_name":"algorithmic trading","score":0.8650000095367432},{"id":"https://openalex.org/keywords/high-frequency-trading","display_name":"high-frequency trading","score":0.9990000128746033},{"id":"https://openalex.org/keywords/market-making","display_name":"market making","score":0.5479999780654907},{"id":"https://openalex.org/keywords/materiality","display_name":"materiality","score":0.5540000200271606},{"id":"https://openalex.org/keywords/financial-markets","display_name":"financial markets","score":0.3889999985694885}],"concepts":[{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.6460390090942383},{"id":"https://openalex.org/C74363100","wikidata":"https://www.wikidata.org/wiki/Q273005","display_name":"Economic system","level":1,"score":0.4793891906738281},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.45539137721061707},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4071676433086395},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4041082561016083},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.38642582297325134},{"id":"https://openalex.org/C138921699","wikidata":"https://www.wikidata.org/wiki/Q47555","display_name":"Political economy","level":1,"score":0.36911118030548096},{"id":"https://openalex.org/C136264566","wikidata":"https://www.wikidata.org/wiki/Q159810","display_name":"Economy","level":1,"score":0.32388362288475037},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.23242327570915222},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.05570113658905029}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/03085147.2018.1528076","doi":"https://doi.org/10.1080/03085147.2018.1528076","is_oa":true,"landing_page_url":"https://doi.org/10.1080/03085147.2018.1528076","pdf_url":"https://www.tandfonline.com/doi/pdf/10.1080/03085147.2018.1528076?needAccess=true","source":{"id":"https://openalex.org/S25250876","display_name":"Economy and Society","issn_l":"0308-5147","issn":["0308-5147","1469-5766"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economy and Society","raw_type":"journal-article"},{"id":"pmh:oai:pure.ed.ac.uk:openaire/939c5091-079a-492f-94ee-2fde9948fd7b","doi":null,"is_oa":true,"landing_page_url":"https://www.research.ed.ac.uk/en/publications/939c5091-079a-492f-94ee-2fde9948fd7b","pdf_url":null,"source":{"id":"https://openalex.org/S4306400321","display_name":"Edinburgh Research Explorer (University of Edinburgh)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I98677209","host_organization_name":"University of Edinburgh","host_organization_lineage":["https://openalex.org/I98677209"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"MacKenzie, D 2018, ''Making', 'taking' and the material political economy of algorithmic trading', Economy and Society, vol. 47, no. 4, pp. 501-523. https://doi.org/10.1080/03085147.2018.1528076","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.1080/03085147.2018.1528076","doi":"https://doi.org/10.1080/03085147.2018.1528076","is_oa":true,"landing_page_url":"https://doi.org/10.1080/03085147.2018.1528076","pdf_url":"https://www.tandfonline.com/doi/pdf/10.1080/03085147.2018.1528076?needAccess=true","source":{"id":"https://openalex.org/S25250876","display_name":"Economy and Society","issn_l":"0308-5147","issn":["0308-5147","1469-5766"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economy and Society","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G1664979369","display_name":null,"funder_award_id":"ES/R003173/1","funder_id":"https://openalex.org/F4320334630","funder_display_name":"Economic and Social Research Council"},{"id":"https://openalex.org/G3237798769","display_name":null,"funder_award_id":"291733","funder_id":"https://openalex.org/F4320334678","funder_display_name":"European Research Council"},{"id":"https://openalex.org/G6104985469","display_name":"A Material Sociology of High-Frequency Trading","funder_award_id":"ES/R003173/1","funder_id":"https://openalex.org/F4320334630","funder_display_name":"Economic and Social Research Council"}],"funders":[{"id":"https://openalex.org/F4320334630","display_name":"Economic and Social Research Council","ror":"https://ror.org/03n0ht308"},{"id":"https://openalex.org/F4320334678","display_name":"European Research Council","ror":"https://ror.org/0472cxd90"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2903154751.pdf","grobid_xml":"https://content.openalex.org/works/W2903154751.grobid-xml"},"referenced_works_count":37,"referenced_works":["https://openalex.org/W578347841","https://openalex.org/W604433070","https://openalex.org/W635480747","https://openalex.org/W1198449977","https://openalex.org/W1523079103","https://openalex.org/W1531878913","https://openalex.org/W1576632330","https://openalex.org/W1578807507","https://openalex.org/W1982460525","https://openalex.org/W2060627795","https://openalex.org/W2072326761","https://openalex.org/W2100160691","https://openalex.org/W2117178771","https://openalex.org/W2117967525","https://openalex.org/W2128427215","https://openalex.org/W2331920492","https://openalex.org/W2411042236","https://openalex.org/W2521389748","https://openalex.org/W2522971361","https://openalex.org/W2523684228","https://openalex.org/W2560062215","https://openalex.org/W2574011124","https://openalex.org/W2574284424","https://openalex.org/W2607169620","https://openalex.org/W2758755042","https://openalex.org/W2765030232","https://openalex.org/W2791987208","https://openalex.org/W2798568231","https://openalex.org/W2896218181","https://openalex.org/W3094648865","https://openalex.org/W3121460584","https://openalex.org/W3122634903","https://openalex.org/W3124121921","https://openalex.org/W3125222069","https://openalex.org/W4239287321","https://openalex.org/W4254369197","https://openalex.org/W4255166292"],"related_works":["https://openalex.org/W4211016839","https://openalex.org/W7100379919","https://openalex.org/W4412312551","https://openalex.org/W2786167829","https://openalex.org/W2461261851","https://openalex.org/W6940930739","https://openalex.org/W4412216380","https://openalex.org/W2142743356","https://openalex.org/W2607169620","https://openalex.org/W2522971361"],"abstract_inverted_index":{"Drawing":[0],"upon":[1],"interviews":[2],"with":[3],"72":[4],"practitioners":[5],"of":[6,74,84,90,95,100],"automated,":[7],"ultrafast":[8],"high-frequency":[9],"trading":[10,23],"(HFT),":[11],"this":[12],"paper":[13,63],"identifies":[14],"the":[15,72,79,88,91,98],"most":[16],"salient":[17],"divide":[18],"within":[19],"HFT:":[20],"between":[21],"algorithms,":[22],"groups":[24],"and":[25,36,45,56,67,86],"firms":[26],"that":[27,47,75,101,110],"specialize":[28,48],"in":[29,49,58,103],"\u2018making\u2019":[30,66],"(in":[31,51],"adding":[32],"bids":[33,55],"to":[34,38,40],"buy":[35],"offers":[37,57],"sell":[39],"exchanges\u2019":[41],"electronic":[42],"order":[43,60],"books)":[44],"those":[46,59],"\u2018taking\u2019":[50,68],"executing":[52],"against":[53],"existing":[54],"books).":[61],"The":[62],"explores":[64],"how":[65],"algorithms":[69],"interact,":[70],"emphasizing":[71],"materiality":[73],"interaction":[76],"(including,":[77],"e.g.":[78],"surprising":[80],"effect":[81],"on":[82],"it":[83],"rain),":[85],"suggesting":[87],"importance":[89],"\u2018material":[92],"political":[93],"economy\u2019":[94],"algorithmic":[96],"trading:":[97],"shaping":[99],"trading,":[102],"economically":[104],"consequential":[105],"ways,":[106],"by":[107],"material":[108],"orderings":[109],"could":[111],"be":[112],"different.":[113]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":11},{"year":2023,"cited_by_count":13},{"year":2022,"cited_by_count":10},{"year":2021,"cited_by_count":10},{"year":2020,"cited_by_count":7},{"year":2019,"cited_by_count":9}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2018-12-11T00:00:00"}
