Knowledge, institutions, and evolution in economics / Brian J. Loasby.

Format:

Book

Author/Creator:

Loasby, Brian J.

Series:

Graz Schumpeter lectures ; 2.

The Graz Schumpeter lectures ; 2

Language:

English

Subjects (All):

Information theory in economics.

Economics--Methodology.

Economics.

Knowledge, Theory of.

Institutional economics.

Evolutionary economics.

Physical Description:

1 online resource (185 p.)

Edition:

1st ed.

Place of Publication:

London ; New York : Routledge, 1999.

Language Note:

English

Summary:

Winner of the Schumpeter Prize, 2000 and Winner of the Smith Prize in Austrian Economics, 2000, this book explores how the limitations of human knowledge create both opportunities and problems in the modern economy. The growing field of evolutionary economics has developed as a result of the traditional failure of the discipline to explain certain phenomena that impact greatly on the economy. These are:*Evolution - the impact on the economy of natural change over time*Institutions - the impact on the economy of government and/or company policy, rules and regulations<B

Contents:

Book Cover; Title; Contents; Foreword; Preface; Acknowledgements; The problem of knowledge; Selection and evolution; Cognition and institutions; Capabilities; Transactions and governance; Economic organisation; Understanding markets; The division of labour and the growth of knowledge; Bibliography; Name index; Subject index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 150-159) and indexes.

ISBN:

1-134-62723-8

1-134-62724-6

1-280-31747-7

0-203-45909-1

0-203-25571-2

9780203459096

OCLC:

560056964