cost-benefit analysis. The second idea, attributable above all to Friedrich Hayek, is that knowledge is widely dispersed in … they lack that dispersed knowledge. When important information is missing, cost-benefit analysis can be exceptionally …

Knowledge is one of the most important factors determining the development of global economy and overcoming the present … existing inequalities. Humankind needs a fair distribution of the potential of knowledge because its big social problems and … for fair distribution of the benefits of knowledge in the globalized world. Made individually or collectively, these …

This paper deals with the relationship between knowledge, innovation and regional growth. The study is carried out …

and knowledge in individual decision making under ambiguity. Reactions to a natural source of uncertainty (i … actual competence to measure knowledge of politics. This paper found evidence of both preference for ambiguity in the gain …. This paper also shows that a superior knowledge of politics was associated with a preference for ambiguity (i.e., the …

Whatever F.A. Hayek meant by "knowledge" could not have been the justified true belief conception common in the Western …'s unique definition of knowledge. …