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Record Nr. |
UNINA9910298555603321 |
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Autore |
Priddat Birger P |
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Titolo |
Communication and Economic Theory : How to deal with rationality in a communicational environment / / by Birger P. Priddat |
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Pubbl/distr/stampa |
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Cham : , : Springer International Publishing : , : Imprint : Springer, , 2014 |
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ISBN |
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Edizione |
[1st ed. 2014.] |
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Descrizione fisica |
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1 online resource (153 p.) |
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Collana |
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Ethical Economy, Studies in Economic Ethics and Philosophy, , 2211-2707 ; ; 47 |
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Disciplina |
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Soggetti |
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Economics |
Emigration and immigration |
Linguistics |
Ethics |
Economic Theory/Quantitative Economics/Mathematical Methods |
Migration |
Linguistics, general |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references at the end of each chapters. |
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Nota di contenuto |
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Foreword -- 1 The new Population of Economics: Multiple, Fair, Ignorant and Emotional Actors. How are the Markets Ordered in Accordance with Diversified Knowledge Bases? -- 2 Mutual and self-enforcing agreements. Contracts as the basic institution of economics: Network knowledge instead of rational choice -- 3 Morals: Restrictions, Metapreferences: Adjusting an Economics of Morality -- 4 Communication of the constraints on action K.J. Arrow on Communication -- 5 Communication as Interpretation of Economic Contexts: The Example of Culture and Economy: D.C. North -- 6 Ludonarrative Dissonance: Economy as a diversified language game landscape -- 7 Rationality, hermeneutics, and communicational processes. On L. Lachmann's approach of hermeneutical economics. |
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Sommario/riassunto |
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This book analyzes the different topics which highlight the relevance of communication within markets. In using and reformulating concepts of Arrow, Commons, Williamson, North, Becker and others, the author |
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shows the hidden implications of these authors for a new approach in economics: communication matters. Markets are systems of allocation, which are governed by communication networks. In Economics, so far, communication processes play a minor role. During the last century, there was a tendency of using ‘communication’ as a tool for reintroducing the diversity of rational actions. Yet, communication is a governance-structure of its own, which cannot be used as a tool, since communication is disturbing the expectations of the economics actors and changing the actor’s preferences as well as their belief-systems. By using examples such as Kenneth Arrow’s economics actor theory, and Douglas North’s emphasis on communication being a process of building ‘shared mental models’, this book argues that if communication matters, we have to reinterpret the basics of economic methodology and integrate network-processing and discourse theories. |
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