Objective
EPIFM will be a social-science (rather than, as conventionally, an economic) investigation, by a team bridging science and technology studies (STS), sociology and politics, of how professional participants in financial markets evaluate financial instruments such as shares and bonds. These evaluation practices are crucial to the operation of financial markets (they help determine the activities to which investment capital does and does not flow, and for example played a key role in the genesis of the credit crisis), but surprisingly little is known about them.
EPIFM will study evaluation practices in depth and in their technological and institutional contexts. It will examine differences amongst how different groups of market practitioners conduct evaluation (including patterned differences that we conceptualise provisionally as ‘evaluation cultures’) and will investigate the factors that shape evaluation practices, factors that we expect to include technological change, organisational processes, external regulation and the articulation between monetary evaluation and other ‘orders of worth’. EPIFM’s methodology will predominantly be qualitative, including semi-structured interviewing, fieldwork at finance-industry conferences and training courses, documentary analysis, and – where possible – direct observation of practices. Amongst the phenomena EPIFM will investigate is automated trading, in which evaluation, buying and selling are delegated to (usually ultrafast) computer systems operating without direct human intervention.
By achieving its objectives of understanding the patterning and the shaping of evaluation practices, EPIFM will foster the exciting new specialism of ‘social studies of finance’ and encourage a much-needed broadening and deepening of social-science research on financial markets.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- humanities arts modern and contemporary art cinematography
- social sciences sociology anthropology science and technology studies
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
ERC-2011-ADG_20110406
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Host institution
EH8 9YL Edinburgh
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.