haku: @indexterm CHANGE / yhteensä: 1539
viite: 253 / 1539
| Tekijä: | Stiglitz, J. E. |
| Otsikko: | Information and the Change in the Paradigm in Economics |
| Lehti: | American Economic Review
2002 : JUN, VOL. 92:3, p. 460-501 |
| Asiasana: | INFORMATION CHANGE ECONOMICS ECONOMIC THEORY |
| Kieli: | eng |
| Tiivistelmä: | The research for which George Akerlof, Michael Spence, and the author are being recognized is part of a larger research program which today embraces a great number of researchers around the world. In this article, the author wants to set the particular work which was cited within this broader agenda, and that agenda within the still broader perspective of the history of economic thought. The paper shows that information economics represents a fundamental change in the prevailing paradigm within economics. Ideas and models the author discusses here have proved useful not only in addressing broad philosophical questions, such as the appropriate role of the state, but also in analyzing concrete policy issues. |
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