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Control, Information, and Technological Change

  • Gerald E. Flueckiger

Part of the Economics of Science, Technology and Innovation book series (ESTI, volume 6)

Table of contents

  1. Front Matter
    Pages i-xx
  2. Gerald E. Flueckiger
    Pages 1-23
  3. Gerald E. Flueckiger
    Pages 25-37
  4. Gerald E. Flueckiger
    Pages 39-64
  5. Gerald E. Flueckiger
    Pages 65-70
  6. Gerald E. Flueckiger
    Pages 71-100
  7. Gerald E. Flueckiger
    Pages 101-118
  8. Gerald E. Flueckiger
    Pages 119-134
  9. Gerald E. Flueckiger
    Pages 135-138
  10. Back Matter
    Pages 139-155

About this book

Introduction

Information theory, cybernetics and the theory of finite automata are used to model learning-by-doing, bounded rationality, routine behavior, and the formation of teams. The non-neoclassical characterization of production developed in this book ignores the usual quantitative relationships between inputs and outputs and instead views production strictly as a problem of control and communication. The motivation for this unconventional characterization of production comes from Schumpeter's critique of neoclassical economic theory. Schumpeter argued that neoclassical economic theory, and the habits of thought engendered by it, was the major obstacle to acquiring an understanding of technological change. The non-neoclassical characterization of production developed in this book is in keeping with how economic historians describe specific technological changes and how they write technological histories about particular machines, firms or industries.

Keywords

Schumpeter bounded rationality communication economic theory information theory production

Authors and affiliations

  • Gerald E. Flueckiger
    • 1
  1. 1.Miami UniversityOxfordUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-011-0377-0
  • Copyright Information Kluwer Academic Publishers 1995
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-010-4169-0
  • Online ISBN 978-94-011-0377-0
  • Series Print ISSN 1381-0480
  • Buy this book on publisher's site
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