Machlup Knowledge: Its Creation, Distribution and Economic Significance, Volume III

The Economics of Information and Human Capital
Course Book
ISBN: 978-1-4008-5602-2
Verlag: De Gruyter
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, Band 781, 666 Seiten, Web PDF

Reihe: Princeton Legacy Library

Volume III examines in clear and elegant prose the roles of knowledge and information in economics. Part One analyzes the effects of new or uncertain information on market performance; examines the formation and revision of expectations; and provides a classification of literature and an extensive bibliography. Part Two discusses private and social valuations of education and training, the controversy over nature vs. nurture," the issue of "credentialism," and the depreciation of human capital.

Originally published in 1984.

The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Autoren/Hrsg.

Machlup, Fritz

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Politische Systeme Gewerkschaften, Industrielle Beziehungen
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftswissenschaften: Allgemeines

Inhaltsverzeichnis

FrontMatter, pg. i
Contents, pg. v
Analytical Table Of Contents, pg. vii
Foreword, pg. xvii
Acknowledgments, pg. xix
Chapter 1. Introduction, pg. 1
Chapter 2. Old Roots and New Growth, pg. 15
Chapter 3. Information and Prices: Futures, Insurance, and Product Markets, pg. 42
Chapter 4. Labor Markets and Financial Markets, pg. 78
Chapter 5. Public Decisions and Public Goods, pg. 121
Chapter 6. New Knowledge, Dispersed Information, and Central Planning, pg. 159
Chapter 7. Empirical Research, Theoretical Analysis, Applied Inquiry, pg. 205
Appendix to Chapter 7. Contents of Economic Journals: Relative Shares of Empirical, Theoretical, and Applied Work, pg. 235
Chapter 8. Economic Agents, Equilibria, and Expectations, pg. 245
Chapter 9. The Expanding Specialty: Surveys and Classifications, pg. 283
Chapter 10. A New Classification, pg. 313
Chapter 11. A Sample Bibliography, pg. 335
Chapter 12. Basic Notions of Capital Theory, pg. 403
Chapter 13. Investment in Human Resources and Productive Knowledge, pg. 419
Chapter 14. Private and Social Valuation, pg. 439
Chapter 15. Human Capacity, Created by Nature and Nurture, pg. 453
Chapter 16. The Route from Investments to Returns, pg. 468
Chapter 17. Production Functions: The Choice of Variables, pg. 492
Chapter 18. Productivity Versus Credentials, pg. 523
Chapter 19. Depreciation of Knowledge Stocks and Human Capital, pg. 538
Chapter 20. Profiles of Lifetime Learning and Earning, pg. 577
Chapter 21. Rates of Return to Investment in Education, pg. 590
Index, pg. 611