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The Prometheus school of information economics
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This paper reviews 20 years of information economics in Prometheus. It finds broad coherence about the theme of information as knowledge‐capital, as distinct from information as a message in a market‐space. The paper suggests that micro‐foundations for the Prometheus school of information economics should be based in evolutionary micro‐economic theory rather than in neoclassical micro‐economic theory.
Title: The Prometheus school of information economics
Description:
This paper reviews 20 years of information economics in Prometheus.
It finds broad coherence about the theme of information as knowledge‐capital, as distinct from information as a message in a market‐space.
The paper suggests that micro‐foundations for the Prometheus school of information economics should be based in evolutionary micro‐economic theory rather than in neoclassical micro‐economic theory.
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