Transfer of knowledge in economic decision making

It does not offend common sense to suggest that economic actors apply knowledge gained from past experience to new situations even if they are not perfectly analogous, yet economic theory has a surprisingly difficult time accounting for this phenomenon, either assuming the perfectly rational actor i...

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主要作者: Zizzo, Daniel John
格式: 图书
语言:Undetermined
出版: New York Palgrave Macmillan 2005
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Thư viện lưu trữ: Trung tâm Học liệu Trường Đại học Cần Thơ
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总结:It does not offend common sense to suggest that economic actors apply knowledge gained from past experience to new situations even if they are not perfectly analogous, yet economic theory has a surprisingly difficult time accounting for this phenomenon, either assuming the perfectly rational actor in all cases or believing that experience is irrelevant because actors cannot perceive similarities. Addressing this issue, nine studies<-->originally published in the and here presented by Zizzo (economics, U. of East Anglia, UK)<-->attempt to account for the existence boundedly rational anomalies of knowledge transfer in economic decision-making. In addition to presenting empirical evidence for knowledge transfer, the papers present new modeling approaches for its measurement and identification.