Information and Communication in Economics

Information and Communication in Economics

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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 Communication in Economics explores the implications for economic analysis and our understanding of economic processes of employing a more complete conceptualization of information: information as locus of power; information as evolutionary agent; and media systems as devices for control.
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Product details

  • Hardback | 347 pages
  • 165.6 x 243.3 x 25.9mm | 730.3g
  • Dordrecht, Netherlands
  • English
  • 1994 ed.
  • XVII, 347 p.
  • 0792393589
  • 9780792393580

Table of contents

Preface; R.E. Babe. 1. The Information Economy Revisited; D.McL. Lamberton. Commentary; G. Paquet. 2. The Place of Information in Economics; R.E. Babe. 3. Commodities as Sign Systems; I. Parker. Commentary; S. Braman. 4. The Political Economy of Communication; V. Mosco. 5. Economic Theory: Rhetoric, Rationalization; W. Adams, J. Brock. Commentary; H.I. Schiller. 6. The Political Economy of Communication Research; W. Buxton. 7. All the Editorials fit to Print; E.S. Herman. Commentary; G. Robinson. Reply: `Reburial' of Ideology? E.S. Herman. 8. The Information Economy in a Spatial Context: City States in a Global Village; M. Hepworth. 9. The Emerging Mass Media Environment; B. Litman, S. Sochay. Commentary; G. Paquet. Commentary; N. Garnham. 10. Application of Neoclassical Economics to African Development: a Curse in Disguise; B.Z. Dasah. 11. Communication, Information and Transnational Enterprise; J. Hills. 12. Communications and Economics; J.W. Carey. Index.
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