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Knowledge and beliefs in economics: the case of the Austrian tradition

Author

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  • Richard Arena

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique)

  • Agnès Festré

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique)

Abstract

The contribution focuses on the problem of the influence of individual knowledge and beliefs on the working of economic activity, within the Austrian tradition of economic thought. More specifically, the contributions of von Mises, Hayek and Schumpeter are investigated. These contributions show a large variety of answers concerning the relation between individual and social beliefs. This variety is not exhaustive but it substantially contributes to a better understanding of contemporary theoretical debates.

Suggested Citation

  • Richard Arena & Agnès Festré, 2006. "Knowledge and beliefs in economics: the case of the Austrian tradition," Post-Print halshs-00271351, HAL.
    • Handle: RePEc:hal:journl:halshs-00271351
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00271351
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    References listed on IDEAS

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    1. Pierre Garrouste, 1999. "La firme 'hayékienne' entre institution et organisation," Post-Print halshs-00274292, HAL.
    2. Pierre Garrouste & Stavros Iaonnides, 2001. "Evolution and Path-Dependency in Economic Ideas: Past and Present," Post-Print halshs-00274526, HAL.
    3. Vanberg, Viktor, 1986. "Spontaneous Market Order and Social Rules," Economics and Philosophy, Cambridge University Press, vol. 2(1), pages 75-100, April.
    4. Pierre Garrouste & Stavros Ioannides (ed.), 2001. "Evolution and Path Dependence in Economic Ideas," Books, Edward Elgar Publishing, number 1790.
    5. Richard Arena & Sandye Gloria-Palermo, 2007. "Evolutionary Themes in the Austrian Tradition: Menger, von Wieser and Schumpeter on Institutions and Rationality," Chapters, in: Geoffrey M. Hodgson (ed.), The Evolution of Economic Institutions, chapter 11, Edward Elgar Publishing.
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    Cited by:

    1. Agnes Festre & Pierre Garrouste, 2008. "Rationality, behavior, institutional, and economic change in Schumpeter," Journal of Economic Methodology, Taylor & Francis Journals, vol. 15(4), pages 365-390.
    2. Agnès Festré, 2012. "Carl Menger and Friedrich von Wieser on the Role of Knowledge and Beliefs in the Emergence and Evolution of Institutions," Chapters, in: Richard Arena & Agnès Festré & Nathalie Lazaric (ed.), Handbook of Knowledge and Economics, chapter 4, Edward Elgar Publishing.
    3. Marco, Passarella & Hervé, Baron, 2010. "Concorrenza senza equilibrio. La "scoperta imprenditoriale" nella Teoria Economica Austriaca [Competition without equilibrium. The 'entrepreneurial discovery' in Austrian Economic Theory]," MPRA Paper 28505, University Library of Munich, Germany.
    4. Agnès Festré & Pierre Garrouste, 2016. "Hayek on Expectations: The Interplay between two Complex Systems," GREDEG Working Papers 2016-13, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    5. Richard Arena & Pierre Garrouste, 2007. "Market or Markets?," ICER Working Papers 35-2007, ICER - International Centre for Economic Research.
    6. Agnès Festré, 2012. "Carl Menger and Friedrich von Wieser on the role of knowledge and beliefs," Post-Print halshs-00346478, HAL.

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