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INFORMATION AND SEARCH: AN ALTERNATIVE APPROACH TO THE THEORY OF MINIMUM WAGES
Author(s) -
FERRIS J. STEPHEN
Publication year - 1982
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1982.tb00363.x
Subject(s) - economics , order (exchange) , character (mathematics) , mathematical economics , complete information , microeconomics , positive economics , neoclassical economics , mathematics , geometry , finance
The peculiar character of the problem of a rational economic order is determined precisely by the fact that the knowledge of the circumstances of which we must make use never exists in a concentrated or integrated form but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess.