The Marketplace of New Economic Ideas

Tomas Cahlik ()

Czech Journal of Economics and Finance (Finance a uver), 2000, vol. 50, issue 11, 586-587

Abstract: George J. Stigler, in his Nobel price lecture of 1982, suggested that the economics of information could be applied to the marketplace of new economic ideas. Economists enter this marketplace ? economic knowledge ? principally on the demand side, where they attempt to distinguish new and fundamental ideas. The following questions are relevant upon entering the demand side of this marketplace: What journals should I read? What are the important research themes? What are the important papers? At the juncture between the economics of information and other social sciences, co-word and citation analyses are proposed as search instruments in the pursuit of fundamental research themes and articles. These methods are specifically applied to economic knowledge in this article.

Keywords: economics of information; citation analysis; co-word analysis (search for similar items in EconPapers)
JEL-codes: C8 D8 O3 (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:50:y:2000:i:11:p:586-587

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