Control, Information, and Technological Change (Paperback, Softcover reprint of the original 1st ed. 1995)

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.

General

Imprint:	Springer
Country of origin:	Netherlands
Series:	Economics of Science, Technology and Innovation, 6
Release date:	October 2012
First published:	1995
Authors:	Gerald E. Flueckiger
Dimensions:	240 x 160 x 10mm (L x W x T)
Format:	Paperback
Pages:	155
Edition:	Softcover reprint of the original 1st ed. 1995
ISBN-13:	978-9401041690
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Reference & Interdisciplinary > Communication studies > Information theory > Cybernetics & systems theory Promotions
LSN:	9401041695
Barcode:	9789401041690

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