Information theory, cybernetics and the theory of finite automata are used to model learning-by-doing, bounded rationality, routine behavior, and the formation of teams. The non-neoclassical characterization of production developed in this book ignores the usual quantitative relationships between inputs and outputs and instead views production strictly as a problem of control and communication. The motivation for this unconventional characterization of production comes from Schumpeter's critique of neoclassical economic theory. Schumpeter argued that neoclassical economic theory, and the habits of thought engendered by it, was the major obstacle to acquiring an understanding of technological change. The non-neoclassical characterization of production developed in this book is in keeping with how economic historians describe specific technological changes and how they write technological histories about particular machines, firms or industries.
Product Identifiers
Publisher
Springer
ISBN-13
9789401041690
eBay Product ID (ePID)
148756545
Product Key Features
Author
Gerald E. Flueckiger
Publication Name
Control, Information, and Technological Change
Format
Paperback
Language
English
Subject
Economics, Computer Science
Publication Year
2012
Type
Textbook
Number of Pages
155 Pages
Dimensions
Item Height
240mm
Item Width
160mm
Volume
6
Item Weight
298g
Additional Product Features
Title_Author
Gerald E. Flueckiger
Series Title
Economics of Science, Technology and Innovation
Country/Region of Manufacture
Netherlands
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