
Information and Communication in Economics
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Although there is a burgeoning interest among economists in `information economics'', much of the literature adopts a reductionist conceptualization of information, defining it exclusively as reduction in uncertainty, exploring the implications of imperfect information on markets. This neoclassical treatment obscures major interrelations between economic and communicatory processes.
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Although there is a burgeoning interest among economists in `information economics'', much of the literature adopts a reductionist conceptualization of information, defining it exclusively as reduction in uncertainty, exploring the implications of imperfect information on markets. This neoclassical treatment obscures major interrelations between economic and communicatory processes.
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Read more