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Persistent link: https://www.econbiz.de/10010335095
discuss its compatibility with two strands of Karl Popper's philosophy: his theory of knowledge and learning, and his …
Persistent link: https://www.econbiz.de/10010233586
Modelling is one of the key methods of scientific cognition in economics. It is a simplification of the existing reality with a view to its further study. The modeling method is so established in eco- nomic science that modern economic theory is completely defined by models as some formal...
Persistent link: https://www.econbiz.de/10012844859
We examine the relationship between scientific knowledge and the legal system with a focus on the exclusion of expert …
Persistent link: https://www.econbiz.de/10014515197
Hayek's (1945) elaboration of the difficulty of aggregating diffuse private knowledge is the best-known articulation of … the knowledge problem, and is an example of the difficulty of coordinating individual plans and choices in the ubiquitous … and unavoidable presence of dispersed, private, subjective knowledge; prices communicate some of this private knowledge …
Persistent link: https://www.econbiz.de/10014173191
The paper discusses the implications of considering any piece of knowledge as composed by a chain of explanations, and …, consequently, of assuming as goal of scientific research the production of new knowledge in the form of novel, or better …, explanations. This perspective provides a consistent framework to interpret the activities related to knowledge creation and leads …
Persistent link: https://www.econbiz.de/10014122848
Geographical clusters of innovative activity are mediums for the efficient transfer of tacit knowledge and its … thermodynamic theory, that models the tradeoff between fixed costs and variable costs. We identify tacit knowledge as noise … sensitive "high-fixed-cost knowledge" and demonstrate with the help of the analytical framework that it is more efficiently …
Persistent link: https://www.econbiz.de/10014127594
, has always considered sets of individuals with assumed characteristics, namely the level of knowledge, although in an … individuals, was characterised by a certain level of knowledge that, indeed, could be associated with the one of its …, since the very first economic models of the government, it was assumed that the level of knowledge of society, represented …
Persistent link: https://www.econbiz.de/10011502970
After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo-) classical at the micro-level, but Keynesian at the macro-level. In actuality, Keynes' revolution was, to a substantial part, based on the behavioral micro-foundations of the world we...
Persistent link: https://www.econbiz.de/10011929683
Drawing upon the science of complexity we propose a network-centric, complex-systems internationalization (NCCSI) perspective of firm internationalization that can help us understand observed patterns of internationalization that are difficult to explain using traditional theories. While...
Persistent link: https://www.econbiz.de/10012954994