Chapter 5 A bird’s-eye view of the economics of knowledge
The Economics of an Emergent System Property
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This chapter provides a synthesis of the main themes of the economics of knowledge. It recalls the Arrovian analysis of knowledge as an economic good and explores their implications. It also highlights the important role of the constructionist design methodology (CDM) approach that enables us to explore the systemic interaction between the knowledge-generation process and the technology-production function.

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