Description
Book SynopsisWhy do societies benefit differently from knowledge? How exactly does social interaction interfere with knowledge acquisition and diffusion? This original
Handbook brings together a wide range of differing approaches to shed light on these questions and others relating to the role and relevance of knowledge in economic analysis.
By illuminating the philosophical roots of the various notions of knowledge employed by economists, this Handbook helps to disentangle conceptual and typological issues surrounding the debate on knowledge among economists. Wide-ranging in scope, it explores fundamental aspects of the relationship between knowledge and economics - such as the nature of knowledge, knowledge acquisition and knowledge diffusion.
This important compendium embraces various fields and traditions of economic analysis and discusses the role of knowledge in 21 papers from outstanding international scholars. Advanced scholars and postgraduate students interested in cross-fertilization between different fields of economic analysis will find this Handbook of considerable importance.
Contributors: A. Amin, R. Arena, M. Augier, M.C. Becker, T. Brenner, T. Broekel, P. Cohendet, G. Dosi, J. Durieu, V. Dutraive, M. Egidi, A. Festre, D. Foray, T. Knudsen, N. Lazaric, B.J. Loasby, B.-A. Lundvall, P. Nightingale, B. Nooteboom, A. Orlean, R. Patalano, L. Ragni, S. Rizzello, P.P. Saviotti, P. Solal, A. Spada, U. Witt
Trade ReviewWhile there is growing recognition that understanding knowledge is at the very heart of economics, little work has been coming forth thus far representing in a comprehensive and coherent way its fundamental nature and wide-ranging consequences for economic analysis. The editors, Richard Arena, Agnes Festre, and Nathalie Lazaric, are to be commended for having filled this critical gap by providing a well-organized collection of outstanding articles. This rich and greatly needed
Handbook, comprises of contributions about the role knowledge plays in the history of the discipline as well as the most significant current developments as we witness them, particularly in the branches of evolutionary, institutional and complexity economics.
- --Kurt Dopfer, University of Gallen, Switzerland
Table of ContentsContents: Introduction Richard Arena, Agnès Festré and Nathalie Lazaric PART I: KNOWLEDGE AND ECONOMICS: A HISTORICAL PERSPECTIVE 2. What Vilfredo Pareto Brought to the Economics of Knowledge Ludovic Ragni 3. Knowledge in Marshall Brian J. Loasby 4. Carl Menger and Friedrich von Wieser on the Role of Knowledge and Beliefs in the Emergence and Evolution of Institutions Agnès Festré 5. The Pragmatist View of Knowledge and Beliefs in Institutional Economics: The Significance of Habits of Thought, Transactions and Institutions in the Conception of Economic Behavior Véronique Dutraive 6. Imagination and Perception as Gateways to Knowledge: The Unexplored Affinity between Boulding and Hayek Roberta Patalano 7. The knowledge–Rationality Connection in Herbert Simon Salvatore Rizzello and Anna Spada PART II: ECONOMICS, KNOWLEDGE AND UNCERTAINTY 8. A Note on Information, Knowledge and Economic Theory Giovanni Dosi 9. The Cognitive Explanation of Economic Behavior: From Simon to Kahneman Massimo Egidi 10. Towards a Theoretical Framework for the Generation and Utilization of Knowledge Pier Paolo Saviotti 11. Models of Adaptive Learning in Game Theory Jacques Durieu and Philippe Solal 12. The Fragility of Experiential Knowledge Dominique Foray 13. One Knowledge Base or Many Knowledge Pools? Bengt-Åke Lundvall 14. Knowledge in Finance: Objective Value versus Convention André Orléan PART III: ECONOMICS, KNOWLEDGE AND ORGANIZATION 15. Embodied Cognition, Organization and Innovation Bart Nooteboom 16. Knowledge and its Economic Characteristics: A Conceptual Clarification Ulrich Witt, Tom Broekel and Thomas Brenner 17. Tacit Knowledge Paul Nightingale 18. The Firm as a ‘Platform of Communities’: A Contribution to the Knowledge-based Approach of the Firm Ash Amin and Patrick Cohendet 19. The Architecture and Management of Knowledge in Organizations Mie Augier and Thorbjørn Knudsen 20. Distributed Knowledge and its Coordination Markus C. Becker 21. Evolution of Individual and Organizational Knowledge: Exploring Some Motivational Triggers Enabling Change Nathalie Lazaric Index
