Although there is a burgeoning interest among economists in information economics', much of the literature adopts a reductionist conceptualization of information, defining it exclusively as reduction in uncertainty, exploring the implications of imperfect information on markets. This neoclassical treatment obscures major interrelations between economic and communicatory processes. Drawing on a range of distinguished scholarship from both the economic and communication studies disciplines, Information and Communicationin Economics explores the implications for economic...
Although there is a burgeoning interest among economists in information economics', much of the literature adopts a reductionist conceptualization of ...