The Social Planning Problem with Costly Information Processing: Towards Understanding Production Decisions in Centralized Economies.
It has long been argued that market economies feature an inherent advantage over centralized economies because they are subject to fewer information processing needs. However, very little work has investigated the role of these needs in explaining differences in optimal production decisions between...
| Publicado en: | Economica Vol. 90; no. 357; pp. 285 - 315 |
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| Formato: | Artículo |
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Wiley-Blackwell
Jan2023
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| Acceso en línea: | Ver este registro en EBSCOhost |