Resource title

Distribution and use of knowledge under the laws of the web

Resource image

image for OpenScout resource :: Distribution and use of knowledge under the laws of the web

Resource description

Empirical evidence shows that the perception of information is strongly concentrated in those environments in which a mass of producers and users of knowledge interact through a distribution medium. This paper considers the consequences of this fact for economic equilibrium analysis. In particular, it examines how the ranking schemes applied by the distribution technology affect the use of knowledge, and it then describes the characteristics of an optimal ranking scheme. The analysis is carried out using a model in which agents productivity is based on the stock of knowledge used. The value of a piece of information is assessed in terms of its contribution to productivity.

Resource author

Josef Falkinger

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/26198

Resource license

Adapt according to the presented license agreement and reference the original author.