Economics at your fingertips  

Knowledge Agents Represented by Knowledge Functions

Hans-Diedrich Kreft
Additional contact information
Hans-Diedrich Kreft: VisionPatents AG

Computational Economics from University Library of Munich, Germany

Abstract: Knowledge as the basis of science has up to now only verbally defined features which are not accepted between all sciences. On the other hand knowledge must have some interoperable, physical related features since otherwise we wouldn’t be able to exchange knowledge between humans. With the discovery of operable features knowledge becomes, like information, a tool for interdisciplinary use. It is analysed how this discovery can also contribute to the concept of economic agents. The fundamental frame for agent concepts is set by physical condi-tions, which are explained. It is shown how within this frame operable knowledge can act in a way that new economic features appear. Operable knowledge features present a structure of knowledge which is independent of the specific meaning or use of knowledge. This discovery presents a completely new mathematically based concept of knowledge for different disciplines like economy, sociology, communication science, physics or biology. It is explained how this arises by extending the well known Shannon concept of information. It is shown how competence and innovation appear as specific features of knowledge. Also it is explained how knowledge adds value to money. Some initial practical results of a pilot project in a company are discussed. Hints for application in different disciplines are given.

Keywords: bit of knowledge; measure of knowledge; knowledge functions of agents; quantization of knowledge (search for similar items in EconPapers)
JEL-codes: C8 (search for similar items in EconPapers)
Date: 2004-07-11
Note: Type of Document - pdf; pages: 18. A measure of knowledge is found which extends the measure of information.
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link) (application/pdf)

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:

Access Statistics for this paper

More papers in Computational Economics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().

Page updated 2018-07-20
Handle: RePEc:wpa:wuwpco:0407001