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Knowledge in finance: objective value versus convention

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  • André Orléan

    (PSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

Abstract

By illuminating the philosophical roots of the various notions of knowledge employed by economists, this Handbook helps to disentangle conceptual and typological issues surrounding the debate on knowledge amongst economists. Wide-ranging in scope, it explores fundamental aspects of the relationship between knowledge and economics – such as the nature of knowledge, knowledge acquisition and knowledge diffusion.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • André Orléan, 2012. "Knowledge in finance: objective value versus convention," Post-Print halshs-00847082, HAL.
  • Handle: RePEc:hal:journl:halshs-00847082
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    References listed on IDEAS

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    1. Olivier Favereau, 1989. "Marchés internes, marchés externes," Revue Économique, Programme National Persée, vol. 40(2), pages 273-328.
    2. Kurz, Mordecai, 1994. "On the Structure and Diversity of Rational Beliefs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 4(6), pages 877-900, October.
    3. J. M. Keynes, 1937. "The General Theory of Employment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 51(2), pages 209-223.
    4. Kurz, Mordecai, 1996. "Rational Beliefs and Endogenous Uncertainty," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(3), pages 383-397, October.
    5. Richard Arena & Agnès Festré, 2006. "Knowledge, Beliefs and Economics," Post-Print halshs-00271316, HAL.
    6. Mehta, Judith & Starmer, Chris & Sugden, Robert, 1994. "The Nature of Salience: An Experimental Investigation of Pure Coordination Games," American Economic Review, American Economic Association, vol. 84(3), pages 658-673, June.
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    Cited by:

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    2. Stefan Ouma, 2020. "This can(’t) be an asset class: The world of money management, “society†, and the contested morality of farmland investments," Environment and Planning A, , vol. 52(1), pages 66-87, February.
    3. Lee Pugalis & Anna Round & Tony Blackwood & Lucy Hatt, 2015. "The entrepreneurial middle ground: Higher education entry decisions of aspiring entrepreneurs," Local Economy, London South Bank University, vol. 30(5), pages 503-519, August.
    4. Charron Jacques-Olivier, 2017. "Inefficient Debate. The EMH, the “Remarkable Error” and a Question of Point of View," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 7(3), pages 1-24, December.
    5. Bronk, Richard, 2013. "Hayek on the wisdom of prices: a reassessment," LSE Research Online Documents on Economics 50371, London School of Economics and Political Science, LSE Library.

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    Keywords

    Finance; Knowledge;

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