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Hardcover The Cognitive Mechanics of Economic Development and Institutional Change Book

ISBN: 0415326338

ISBN13: 9780415326339

The Cognitive Mechanics of Economic Development and Institutional Change

This book seeks to explain long-term economic development and institutional change in terms of the cognitive features of human learning and communication processes. Martens links individual cognitive processes to macroeconomic growth theories, including economies of scale and scope, and to theories of institutional development based on asymmetric information in production processes and economies of scale in enforcement technology.
With considerable...

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