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Knowledge Agents Represented by Knowledge Functions

Author

Listed:
  • Hans-Diedrich Kreft

    (VisionPatents AG)

Abstract

Knowledge as the basis of science has up to now only verbally defined features which are not accepted between all sciences. On the other hand knowledge must have some interoperable, physical related features since otherwise we wouldn’t be able to exchange knowledge between humans. With the discovery of operable features knowledge becomes, like information, a tool for interdisciplinary use. It is analysed how this discovery can also contribute to the concept of economic agents. The fundamental frame for agent concepts is set by physical condi-tions, which are explained. It is shown how within this frame operable knowledge can act in a way that new economic features appear. Operable knowledge features present a structure of knowledge which is independent of the specific meaning or use of knowledge. This discovery presents a completely new mathematically based concept of knowledge for different disciplines like economy, sociology, communication science, physics or biology. It is explained how this arises by extending the well known Shannon concept of information. It is shown how competence and innovation appear as specific features of knowledge. Also it is explained how knowledge adds value to money. Some initial practical results of a pilot project in a company are discussed. Hints for application in different disciplines are given.

Suggested Citation

  • Hans-Diedrich Kreft, 2004. "Knowledge Agents Represented by Knowledge Functions," Computational Economics 0407001, EconWPA.
  • Handle: RePEc:wpa:wuwpco:0407001
    Note: Type of Document - pdf; pages: 18. A measure of knowledge is found which extends the measure of information.
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    File URL: http://econwpa.repec.org/eps/comp/papers/0407/0407001.pdf
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    Keywords

    bit of knowledge; measure of knowledge; knowledge functions of agents; quantization of knowledge;

    JEL classification:

    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

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