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Economic Behavior and Economic Relations

Author

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  • Ivan Nikolov

Abstract

In the end of the 40s Claude Shannon created the formula for the information unit – one bit. Since then the problem for the information essence of economic processes and of occurrences in general gave birth to a new direction in science, but the information theory remains undeveloped. This study makes a modest attempt to clarify this scientific direction.

Suggested Citation

  • Ivan Nikolov, 2008. "Economic Behavior and Economic Relations," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 3-12.
  • Handle: RePEc:bas:econth:y:2008:i:1:p:3-12
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    More about this item

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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