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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US">Dear all,<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">We are happy to invite you to the first IAS seminar for fall 2020. Due to Covid19, all seminars will be held on Zoom. Please see Zoom link below. If you have any questions, please contact Madelene Töpfer,
<a href="mailto:madelene.topfer@liu.se">madelene.topfer@liu.se</a><o:p></o:p></span></p>
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<span lang="EN-US" style="font-size:18.0pt"><o:p>&nbsp;</o:p></span></p>
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<span lang="EN-US" style="font-size:18.0pt">The Institute for Analytical Sociology Seminar</span><span lang="EN-US" style="font-size:18.0pt;mso-fareast-language:SV"><o:p></o:p></span></p>
<p class="Pa8" align="center" style="margin-bottom:1.0pt;text-align:center"><span class="A8"><span lang="EN-US" style="font-size:18.0pt;font-family:&quot;Times New Roman&quot;,serif">Venue: Zoom</span></span><span class="A6"><span style="font-family:&quot;Times New Roman&quot;,serif;color:windowtext"><o:p></o:p></span></span></p>
<p class="MsoNormal"><span class="A6"><span lang="EN-US" style="font-size:18.0pt;font-family:&quot;Times New Roman&quot;,serif;color:#1F497D"><o:p>&nbsp;</o:p></span></span></p>
<p class="Pa8" align="center" style="margin-bottom:1.0pt;text-align:center"><span lang="EN-US" style="font-size:18.0pt;font-family:&quot;Times New Roman&quot;,serif">Thursday September 17 @ 11:00</span><u><o:p></o:p></u></p>
<p class="Pa8" align="center" style="margin-bottom:1.0pt;text-align:center"><span lang="EN-US">­­­­­­­­­­­­­­­­__________________________________________________</span><span lang="EN-US" style="font-family:&quot;Times New Roman&quot;,serif"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><b><span lang="EN-US" style="font-size:18.0pt;mso-fareast-language:SV"><o:p>&nbsp;</o:p></span></b></p>
<p class="MsoNormal" align="center" style="text-align:center"><b><span lang="EN-US" style="font-size:18.0pt;color:black">Betting on Black (Metal): Valuation arbitrage in destigmatization<o:p></o:p></span></b></p>
<p class="MsoNormal" align="center" style="text-align:center"><b><span lang="EN-US" style="font-size:18.0pt;mso-fareast-language:SV"><o:p>&nbsp;</o:p></span></b></p>
<p class="MsoNormal" align="center" style="text-align:center"><i><span lang="EN-US" style="font-size:12.0pt;color:black;mso-fareast-language:SV">Stoyan V. Sgourev
<o:p></o:p></span></i></p>
<p class="MsoNormal" align="center" style="text-align:center"><i><span lang="EN-US" style="font-size:12.0pt;color:black;mso-fareast-language:SV">ESSEC Business School - Paris<o:p></o:p></span></i></p>
<p class="MsoNormal" align="center" style="text-align:center"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><span class="gmail-il"><b><span lang="EN-US">Abstract</span></b></span><span lang="EN-US">:&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">The extensive evidence on the non-acceptance of stigmatized actors evokes the question of mechanisms of destigmatization. In this paper we shift the analytical focus from the targeted actor to a self-interested third
 party by highlighting the role of valuation &#8220;arbitrage&#8221; &#8211; a practice capitalizing on discrepancies that stigmatization creates between socially-constructed and &#8220;objective&#8221; value across domains. Its theoretical importance is in prioritizing economic over ideological
 concerns, and the pursuit of individual gain over upholding social sanctions. The research context is &#8220;black&#8221; metal - a music genre that emerged in Norway around 1991, achieving global notoriety when band members were charged with a series of criminal acts.
 We analyze destigmatization by estimating the odds of a first record contract of black metal bands with&nbsp;&nbsp;&nbsp; a local or international label. The results expose &#8220;arbitrage&#8221; by international labels, who bet on &#8220;black&#8221; in responding to growing global demand by
 pursuing closer association between the music and the crimes. Exposed to social pressure, Norwegian labels bet on &#8220;white&#8221; by downplaying purity and authenticity. The analysis attests to &#8220;dual&#8221; social evaluation, whereby transgression is reinterpreted in terms
 of authenticity. <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNoSpacing" style="text-align:justify"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">Madelene Töpfer is inviting you to a scheduled Zoom meeting.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">Topic: IAS Seminars<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">Time: This is a recurring meeting Meet anytime<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">Join Zoom Meeting<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><a href="https://liu-se.zoom.us/j/65535789369">https://liu-se.zoom.us/j/65535789369</a><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">Meeting ID: 655 3578 9369<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><span lang="EN-US" style="mso-fareast-language:SV">Best regards<br>
Madelene Töpfer<br>
Administrator<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="mso-fareast-language:SV"><img border="0" width="170" height="44" style="width:1.7708in;height:.4583in" id="_x0000_i1025" src="https://liu.se/mallar/signatur/liu_signatur_en.png" alt="Linköping University"><o:p></o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;mso-fareast-language:SV">Institute for Analytical Sociology</span></b><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;mso-fareast-language:SV"><br>
S-601 74 Norrköping<br>
Phone: +46 (0)11-36 32 91<br>
Mobile: +46 (0)700 89 66 97<br>
Visiting address: </span><span lang="EN-US" style="mso-fareast-language:SV">Kopparhammaren 7, Kungsgatan 56D, Campus Norrköping</span><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;mso-fareast-language:SV">
<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;mso-fareast-language:SV">Please visit us at
</span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;mso-fareast-language:SV"><a href="https://liu.se/" title="liu.se"><span lang="EN-US" style="color:black;text-decoration:none">liu.se</span></a>
</span><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;mso-fareast-language:SV"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:&quot;Times New Roman&quot;,serif;display:none;mso-fareast-language:SV"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><i><span lang="EN-US" style="font-size:9.0pt;font-family:&quot;Arial&quot;,sans-serif;color:#626262;mso-fareast-language:SV">E-mailing Linköping University will result in Linköping University
 processing your personal data. Find more information on how this is done at </span>
</i><i><span style="font-size:9.0pt;font-family:&quot;Arial&quot;,sans-serif;color:#626262;mso-fareast-language:SV"><a href="https://liu.se/en/article/integritetspolicy-liu"><span lang="EN-US" style="color:#626262">https://liu.se/en/article/integritetspolicy-liu</span></a>
</span></i><i><span lang="EN-US" style="font-size:9.0pt;font-family:&quot;Arial&quot;,sans-serif;color:#626262;mso-fareast-language:SV"><o:p></o:p></span></i></p>
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