The Spatial Market Process by David Emanuel Andersson

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The Spatial Market Process by David Emanuel Andersson

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.
SKU Unavailable
ISBN 13 9781781900062
ISBN 10 178190006X
Title The Spatial Market Process
Author David Emanuel Andersson
Series Advances In Austrian Economics
Condition Unavailable
Binding Type Hardback
Publisher Emerald Publishing Limited
Year published 2012-07-04
Number of pages 350
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.