Innovation and social probable knowledge

Marco Crocco

Cambridge Journal of Economics, 2003, vol. 27, issue 2, 177-190

Abstract: In this paper, some elements of Keynes's theory of probability are used to understand the process of diffusion of an innovation. Based on work done elsewhere, it is argued that this process can be viewed as a process of dealing with the collective uncertainty about how to sort out a technological problem. Expanding the concepts of weight of argument and probable knowledge to deal with this kind of uncertainty, we argue that the concepts of social weight of argument and social probable knowledge can be very helpful in understanding the process of diffusion of an innovation. Copyright 2003, Oxford University Press.

Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Innovation and social probable knowledge (2000)
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:oup:cambje:v:27:y:2003:i:2:p:177-190

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Cambridge Journal of Economics is currently edited by Jacqui Lagrue

More articles in Cambridge Journal of Economics from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().