The spatial market process

Key features of Austrian economic theory are the use of methodological individualism, the view that entrepreneurs cause development, and the recognition that local knowledge is largely tacit and thus difficult to communicate. The contributors to The Spatial Market Process show how these and other Au...

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Bibliographic Details
Other Authors: Andersson, David Emanuel.
Format: Electronic
Language: English
Published: Bingley, U.K. : Emerald, 2012.
Series: Advances in Austrian economics ; v. 16.
Subjects:
Business & Economics > Economics > General.
Business & Economics > Economics > Comparative.
Economics.
Economic theory & philosophy.
Regional economics.
Space in economics.
elektronické knihy
electronic books
ISBN: 9781781900079 (electronic bk.) :
Physical Description: 1 online resource (xvi, 351 p.) : ill.

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Summary: Key features of Austrian economic theory are the use of methodological individualism, the view that entrepreneurs cause development, and the recognition that local knowledge is largely tacit and thus difficult to communicate. The contributors to The Spatial Market Process show how these and other Austrian features provide an alternative foundation for understanding the spatial manifestation of economic phenomena. Many chapters elaborate upon theoretical insights first formulated by F.A. Hayek. The work of urban theorist Jane Jacobs, the entrepreneurship theories of both Joseph Schumpeter and Israel Kirzner, transaction costs in the Coasean tradition, and Fritz Machlup's notion of "knowledge conveyors" are examples of other theoretical constructs that are integrated into new spatial theories by the contributors; combining classical Austrian theories with contemporary breakthroughs.
ISBN: 9781781900079 (electronic bk.) :
ISSN: 1529-2134 ;

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