INFORMATION AND EVOLUTION OF THE ECONOMY

Leslie Curry

Papers in Regional Science, 1984, vol. 54, issue 1, 129-145

Abstract: ABSTRACT The geographical evolution of the economy requires reproduction of the existing structure as well as change. Both ordering within and variety outside the constraints are involved and are measured by entropy. Equiprobability, independence, compartmentalization and alphabet size are examined, sometimes in game theory terms. Evolution is a continual throwing up of possible innovations in spatial economic organization, those accepted increasing income. Entropy of inefficiency is thus maintained, freedom of choice in consumption replacing choice in activity. Innovations covarying in space‐time with the existing structure are likely to be accepted. Communications theory can express these ideas.

Date: 1984
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/j.1435-5597.1984.tb00820.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:presci:v:54:y:1984:i:1:p:129-145

Access Statistics for this article

Papers in Regional Science is currently edited by Jouke van Dijk

More articles in Papers in Regional Science from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().