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Communication and economic theory : how to deal with rationality in a communicational environment

Author: Birger P Priddat
Publisher: Cham : Springer, 2014.
Series: Ethical economy
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This book analyzes the different topics which highlight the relevance of communication within markets. In using and reformulating concepts of Arrow, Commons, Williamson, North, Becker and others, the author shows the hidden implications of these authors for a new approach in economics: communication matters. Markets are systems of allocation, which are governed by communication networks. In Economics, so far,  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
(DLC) 2014941627
(OCoLC)876685640
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Birger P Priddat
ISBN: 9783319069012 3319069012
OCLC Number: 883729418
Description: 1 online resource (viii, 147 pages) : illustrations (some color).
Contents: Foreword --
1 The new Population of Economics: Multiple, Fair, Ignorant and Emotional Actors. How are the Markets Ordered in Accordance with Diversified Knowledge Bases? --
2 Mutual and self-enforcing agreements. Contracts as the basic institution of economics: Network knowledge instead of rational choice --
3 Morals: Restrictions, Metapreferences: Adjusting an Economics of Morality --
4 Communication of the constraints on action K.J. Arrow on Communication --
5 Communication as Interpretation of Economic Contexts: The Example of Culture and Economy: D.C. North --
6 Ludonarrative Dissonance: Economy as a diversified language game landscape --
7 Rationality, hermeneutics, and communicational processes. On L. Lachmann's approach of hermeneutical economics.
Series Title: Ethical economy
Responsibility: Birger P. Priddat.

Abstract:

By using examples such as Kenneth Arrow's economics actor theory and Douglas North's emphasis on communication being a process of building `shared mental models', this book argues that if  Read more...

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