Knowledge: Its Creation, Distribution and Economic Significance, Volume III: The Economics of Information and Human Capital (Paperback) (ISBN-13: 9780691612577)

Volume III examines in clear and elegant prose the roles of knowledge and information in economics. Part One analyzes the effects of new or uncertain information on market performance; examines the formation and revision of expectations; and provides a classification of literature and an extensive bibliography. Part Two discusses private and social valuations of education and training, the controversy over nature vs. nurture," the issue of "credentialism," and the depreciation of human capital.

Originally published in 1984.

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Author: Fritz Machlup
ISBN-10: 0691612579
ISBN-13: 9780691612577
Publisher: Princeton University Press
Language: English
Published: 07/14/2014
Pages: 666
Format: Paperback
Weight: 2.50lbs
Size: 10.00h x 7.00w x 1.34d