The Spatial Market Process: 16 (Advances in Austrian Economics, 16) - Hardcover

 
9781781900062: The Spatial Market Process: 16 (Advances in Austrian Economics, 16)
Hardcover
ISBN 10: 178190006X ISBN 13: 9781781900062
Publisher: Emerald Group Publishing Limited, 2012

Synopsis

Key features of Austrian economic theory are the use of methodological individualism, the view that entrepreneurs cause development, and the recognition that local knowledge is largely tacit and thus difficult to communicate. The contributors to The Spatial Market Process show how these and other Austrian features provide an alternative foundation for understanding the spatial manifestation of economic phenomena. Many chapters elaborate upon theoretical insights first formulated by F.A. Hayek. The work of urban theorist Jane Jacobs, the entrepreneurship theories of both Joseph Schumpeter and Israel Kirzner, transaction costs in the Coasean tradition, and Fritz Machlup's notion of "knowledge conveyors" are examples of other theoretical constructs that are integrated into new spatial theories by the contributors; combining classical Austrian theories with contemporary breakthroughs.

"synopsis" may belong to another edition of this title.

Publisher
Emerald Group Publishing Limited
Publication date
2012
Language
English
ISBN 10 
178190006X
ISBN 13 
9781781900062
Binding
Hardcover
Number of pages
350
Editor
Andersson David Emanuel