Description
Book SynopsisVolume III examines in clear and elegant prose the roles of knowledge and information in economics. Part One analyzes the effects of new or uncertain information on market performance; examines the formation and revision of expectations; and provides a classification of literature and an extensive bibliography. Part Two discusses private and social
Table of Contents*FrontMatter, pg. i*Contents, pg. v*Analytical Table Of Contents, pg. vii*Foreword, pg. xvii*Acknowledgments, pg. xix*Chapter 1. Introduction, pg. 1*Chapter 2. Old Roots and New Growth, pg. 15*Chapter 3. Information and Prices: Futures, Insurance, and Product Markets, pg. 42*Chapter 4. Labor Markets and Financial Markets, pg. 78*Chapter 5. Public Decisions and Public Goods, pg. 121*Chapter 6. New Knowledge, Dispersed Information, and Central Planning, pg. 159*Chapter 7. Empirical Research, Theoretical Analysis, Applied Inquiry, pg. 205*Appendix to Chapter 7. Contents of Economic Journals: Relative Shares of Empirical, Theoretical, and Applied Work, pg. 235*Chapter 8. Economic Agents, Equilibria, and Expectations, pg. 245*Chapter 9. The Expanding Specialty: Surveys and Classifications, pg. 283*Chapter 10. A New Classification, pg. 313*Chapter 11. A Sample Bibliography, pg. 335*Chapter 12. Basic Notions of Capital Theory, pg. 403*Chapter 13. Investment in Human Resources and Productive Knowledge, pg. 419*Chapter 14. Private and Social Valuation, pg. 439*Chapter 15. Human Capacity, Created by Nature and Nurture, pg. 453*Chapter 16. The Route from Investments to Returns, pg. 468*Chapter 17. Production Functions: The Choice of Variables, pg. 492*Chapter 18. Productivity Versus Credentials, pg. 523*Chapter 19. Depreciation of Knowledge Stocks and Human Capital, pg. 538*Chapter 20. Profiles of Lifetime Learning and Earning, pg. 577*Chapter 21. Rates of Return to Investment in Education, pg. 590*Index, pg. 611
