Articoli correlati a Prices and Knowledge: A Market-Process Perspective...

Prices and Knowledge: A Market-Process Perspective (Routledge Foundations of the Market Economy) - Brossura

Libro 9 di 37: Routledge Foundations of the Market Economy

Thomsen, Esteban F. F.

 
9780415755825: Prices and Knowledge: A Market-Process Perspective (Routledge Foundations of the Market Economy)
Brossura
ISBN 10: 0415755824 ISBN 13: 9780415755825
Casa editrice: Routledge, 2015

Sinossi

The growth of information economics has lead to a substantial re-consideration of the role of prices. Instead of the conventional neo-classical view of prices as straightforward indicators of scarcity, information economics emphasises that prices can be sources from which agents infer information and means by which they communicate. Prices and Knowledge analyses different theoretical approaches to the role of prices in situations of imperfect information. It shows that whilst the `informational efficiency' approach of Grossman and Stiglitz and the `bounded rationality theory' of Nelson and Simon are useful, neither goes far enough in considering situations of disequilibrium.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Informazioni sull'autore

Esteban F. Thomsen

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Editore
Routledge
Data di pubblicazione
2015
Lingua
Inglese
ISBN 10 
0415755824
ISBN 13 
9780415755825
Rilegatura
Copertina flessibile
Numero edizione
1
Numero di pagine
160
Contatto del produttore
Taylor and Francis, GPSR Taylor and Francis
gpsr@taylorandfrancis.com

Taylor & Francis Verlag GmbH, Kaufingerstraße 24
München
80331
Germania