Hayek on competition and knowledge

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Chapter 2 in The Economics of the Mind, 1999, pp 11-20 from Edward Elgar Publishing

Abstract: The Economics of the Mind addresses economics from the perspective of real men and women: how they assess things, decide and act. It looks at the choices we make, and calls for the assumptions which make up the foundations of economic theory to be consistent with the mechanisms which guide the workings of the human mind.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 1999
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