22.10.2013

WWWforEurope Lecture Series: Knowledge, Belief and the Economic System

Hauptveranstaltung: WWWforEurope Lecture Series: Knowledge, Belief and the Economic System

Veranstalter: Projekt-Konsortium WWWforEurope

Personen: Kenneth J. Arrow

Sprache: Deutsch

A key factor in the organisation of the economy is the set of beliefs that people have about each other. They change those beliefs by searching, by computing, by analysing, and when looked at properly, this gives rise to some considerable anomalies when compared with the standard theories.