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Fast Learning in Organizations

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Author Info
Blume, A. () (University of Iowa)
Abstract

This paper explores how efficiency structures language. It starts from the premise that one of language's central characteristics is to provide a means for saying novel things about novel circumstances, its creativity. As such it is a metaphor for the choice of organizational forms that can cope with a changing environment. It is shown how creative language use is achieved via reliance on common knowledge structures, even if those structures are consistent with an a priori absence of a common language.

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Publisher Info
Paper provided by University of Iowa, Department of Economics in its series Working Papers with number 97-10.

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Length: 31 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:uia:iowaec:97-10

Contact details of provider:
Postal: University of Iowa, Department of Economics, Henry B. Tippie College of Business, Iowa City, Iowa 52242
Phone: (319) 335-0829
Fax: (319) 335-1956
Web page: http://tippie.uiowa.edu/economics/
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Related research
Keywords: GAME THEORY ; LANGUAGES;

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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This page was last updated on 2009-11-27.


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