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Knowledge in economics: Game-Theoretic Versus Market-Process: A Review Article
Discusses C. Bicchieri, Rationality and Coordination, and E. F. Thomsen, Prices and Knowledge: A Market-Process Perspective. The different research programmes, one theoretical and one ideological, have their roots in two articles by Hayek on knowledge in economic theory. Both his arguments present t...
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Published in: | Scottish journal of political economy 1998-11, Vol.45 (5), p.604-613 |
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Main Author: | |
Format: | Article |
Language: | English |
Citations: | Items that cite this one |
Online Access: | Get full text |
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Summary: | Discusses C. Bicchieri, Rationality and Coordination, and E. F. Thomsen, Prices and Knowledge: A Market-Process Perspective. The different research programmes, one theoretical and one ideological, have their roots in two articles by Hayek on knowledge in economic theory. Both his arguments present theoretical problems. Explores methodological issues in dealing with knowledge assumptions in economic theory demonstrated in the different approaches of these two works. Review article. (Quotes from original text) |
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ISSN: | 0036-9292 1467-9485 |
DOI: | 10.1111/1467-9485.00115 |