This paper re-examines Hayek’s insights into the problem of knowledge in markets, and argues that his analysis remains … coordinating transactions wherever knowledge is dispersed and innovation renders the future uncertain—remains a potent explanation … and tacit knowledge has important but widely ignored implications for the contemporary use of statistics in financial risk …

We investigate if there is a causal link between education and health knowledge using data from the 1984/85 and 1991 … of health knowledge. For causal identification we use increases in the UK minimum school leaving age in 1947 (from 14 to … education significantly increases health knowledge, with a one-year increase in schooling increasing the health knowledge index …

We argue that incorporating the decision of how to organize the acquisition, use, and communication of knowledge into … knowledge-based hierarchies to study issues like the evolution of wage inequality, the growth and productivity of firms …

of knowledge and technology in economic growth. …

diffusion of regional knowledge spillovers. These complementary approaches have, however, rarely been combined. Important … regional innovation systems, and knowledge and socio-economic spillovers. This approach allows the discrimination between the … influence of internal factors and external knowledge and institutional flows on regional economic growth. The empirical results …