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Economical Behaviour and Economic Relations

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Author Info
Ivan Nikolov
Abstract

In the late 40-ies of XX c., Claude Shannon developed the formula for the information unit, the bit. Since then, the problem concerning the informative essence of the economic processes and the phenomena in general initiated a new direction in science. However, the information theory has still remained undeveloped. The current article makes a modest attempt to make clarifications about the said theoretical direction.

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Publisher Info
Article provided by Bulgarian Academy of Sciences - Institute of Economics in its journal Economic Thought - Special Issue in English.

Volume (Year): (2008)
Issue (Month): 7 ()
Pages: 64-72
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Handle: RePEc:bas:econth:y:2008:i:7:p:64-72

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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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This page was last updated on 2009-12-3.


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