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Wissensteilung: Thünen-Vorlesung bei der Jahrestagung 2000 des Vereins für Socialpolitik, Berlin 20. September 2000

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  • Ernst Helmstädter

Abstract

Friedrich A. Hayek's notion of division of knowledge arouses new interest in an economy for which knowledge represents the most important resource. Hayek's problem was how to use the knowledge scattered in society efficiently. In Hayek's solution the prices emerging by competition play the crucial role. They indicate to the individual agents what they can do expediently for their own advantage and also for society, even though they dispose only of limited (implicit) knowledge. Copyright Verein fü Socialpolitik und Blackwell Publishers Ltd 2001

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Article provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.

Volume (Year): 2 (2001)
Issue (Month): 4 (November)
Pages: 445-465

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Handle: RePEc:bla:perwir:v:2:y:2001:i:4:p:445-465

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  1. von Hayek, Friedrich August, 1989. "The Pretence of Knowledge," American Economic Review, American Economic Association, vol. 79(6), pages 3-7, December.
  2. Dale W. Jorgenson, 1995. "Productivity, Volume 1: Postwar US Economic Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262100495, December.
  3. Antonelli, Cristiano, 1999. "The Evolution of the Industrial Organisation of the Production of Knowledge," Cambridge Journal of Economics, Oxford University Press, vol. 23(2), pages 243-60, March.
  4. William D. Nordhaus, 2000. "New Directions in National Economic Accounting," American Economic Review, American Economic Association, vol. 90(2), pages 259-263, May.
  5. Wolfgang Franz, 2000. "Wirtschaftspolitische Beratung: Reminiszenzen und Reflexionen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(1), pages 53-71, 02.
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