David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
The purpose of the paper is to explore, from an assessment viewpoint, the following ideas. Economics, as a social science, has always considered sets of individuals with assumed characteristics (namely, the level of knowledge), although in an implicit way, in most of the cases. In this sense, an influential approach in economics assumed that society, as a global set of individuals, was characterized by a certain level of knowledge, that, indeed, could be associated with one of its representative agents. In fact, an attentive recall of the evolution of these matters in economics will immediately recognize that, since the very first economic models of the government, it was assumed that the level of knowledge of society, represented by a set of voters, was not the same as one of the agents elected, i.e., the government. The irrelevance of the difference in the level of knowledge of economic agents was soon abandoned after some seminal works of Hayek and Friedman. More recently, the viewpoint of economics has changed, by focusing on the characteristics (e.g., knowledge) of individuals, who may interact in the subsets of the society. Given the close connection with the assumed level of knowledge, it is clearly relevant from this point of view, to distinguish adaptive behavior from the rational one by people, as well as the full rational from the bounded rationality behavior. Quite recent developments in the economics of knowledge, i.e., the so-called learning models, have been considered as more realistic approaches to model the process by which individuals acquire knowledge, for instance, from other individuals who are, themselves, acquiring knowledge.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Ludovic Dibiaggio (2005). Cognitive Perspectives in Economics. Mind and Society 4 (2):197-222.
Nicolai J. Foss (2005). Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources. OUP Oxford.
Daniel M. Hausman (1992). Essays on Philosophy and Economic Methodology. Cambridge University Press.
Steven Rappaport (1996). Abstraction and Unrealistic Assumptions in Economics∗. Journal of Economic Methodology 3 (2):215-236.
Haidi L. Maibom (2007). Social Systems. Philosophical Psychology 20 (5):1-22.
Heidi L. Maibom (2007). Social Systems. Philosophical Psychology 20 (5):557 – 578.
Pablo Sebastían García (2003). Knowledge in Economics: An Evolutionary Viewpoint. Theoria 18 (3):289-296.
Jonathan Perraton & Iona Tarrant (2007). What Does Tacit Knowledge Actually Explain? Journal of Economic Methodology 14 (3):353-370.
Edward Merrillb & Todd Petersonb (2001). From Implicit Skills to Explicit Knowledge: A Bottom‐Up Model of Skill Learning. Cognitive Science 25 (2):203-244.
Added to index2009-01-28
Total downloads3 ( #298,221 of 1,102,971 )
Recent downloads (6 months)1 ( #297,509 of 1,102,971 )
How can I increase my downloads?