Status Signals: A Sociological Study of Market Competition

LIST OF ILLUSTRATIONS ix LIST OF TABLES xi ACKNOWLEDGMENTS xiii INTRODUCTION: An Emergent Perspective from an Emergent Field 1 CHAPTER ONE: Status, Reputation, and Quality 10 CHAPTER TWO: The Matthew Effect (Un)bounded 22 CHAPTER THREE: Getting More for Less in the Investment Banking Industry 40 CHAPTER FOUR: To Mingle or Not to Mingle with the Hoi Polloi: That Is the Question 76 CHAPTER FIVE: The Medium, the Message, and the Signal 103 CHAPTER SIX: Status and Invention 132 CHAPTER SEVEN: Embeddedness and Entry 175 CHAPTER EIGHT: An Evolutionary Perspective on Status Segregation 199 CHAPTER NINE: Uncertainty Reconsidered 227 CHAPTER TEN: Conclusion 249 BIBLIOGRAPHY 267 CREDITS 279 INDEX 281