Abstract
Information is one of the main notions in economics. The economics of information as a research program shows that this notion is essential. As an example, Stiglitz says that “the research program in which I have been engaged over the past two decades have set out to construct a number of such simple models, evaluating how market processes work in gathering, in transmitting, and processing a variety of different kinds of information, in a variety of different market contexts.” (Stiglitz, 1994, p.26). However, in economics, the notion of information is polysemic and adding an epithet to it often solves this problem.
I thank Pierre-Jean Benghozi, Robert Delorme, Pascal Petit, Jean-Louis Rullière, and Bernard Walliser for their helpful comments.
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Petit, P. (2001). What Economics Borrows from the Statistical Theory of Information?. In: Petit, P. (eds) Economics and Information. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-3367-9_3
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