Information and Communication in Economics

Although there is a burgeoning interest among economists in `information economics', much of the literature adopts a reductionist conceptualization of information, defining it exclusively as reduction in uncertainty, exploring the implications of imperfect information on markets. This neoclassi...

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Bibliographic Details
Other Authors: Babe, Robert E. (Editor)
Format: eBook
Language:English
Published: Dordrecht Springer Netherlands 1994, 1994
Edition:1st ed. 1994
Series:Recent Economic Thought
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Description
Summary:Although there is a burgeoning interest among economists in `information economics', much of the literature adopts a reductionist conceptualization of information, defining it exclusively as reduction in uncertainty, exploring the implications of imperfect information on markets. This neoclassical treatment obscures major interrelations between economic and communicatory processes. Drawing on a range of distinguished scholarship from both the economic and communication studies disciplines, Information and Communication in Economics explores the implications for economic analysis and our understanding of economic processes of employing a more complete conceptualization of information: information as locus of power; information as evolutionary agent; and media systems as devices for control
Physical Description:XVII, 347 p online resource
ISBN:9789401122047