Abstract
Many important issues in economic and political science can be adequately analyzed under the assumption that individuals are certain about the consequences of their actions, possess perfect information. Many cannot, however, and models that incorporate uncertainty and asymmetric information have become increasingly popular over the last fifty years or so.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Ronald H. Coase, “The Nature of the Firm”, in: Economica, 4, 1937, pp.386–405. M. Crozier, The Bureaucratic Phenomenon, Chicago: Chicago University Press 1964.
R.A. Dahl, “The Concept of Power”, in: Behavioral Science, 2, 1957, pp.201–15, reprinted in Bell, E. and Wagner R.H. (eds.), Political Power, New York: Free Press 1969.
Amitai Etzioni, The Moral Dimension, New York: Free Press 1988.
John Harsanyi, “Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility”, in: Journal of Political Economy,63, 1955, pp.309–21.
Jack Hirshleifer, “The Private and Social Value of Information and the Reward to Incentive Activity”, in: American Economic Review,61, 1971, pp.561–74.
F.H. Knight, Risk, Uncertainty and Profit, New York: Harper and Row 1965 (1st. ed. 1921 ). Herbert Margolis, Selfishness, Altruism and Rationality, Cambridge: Cambridge University Press 1982.
Dennis C. Mueller, “Information, Mobility and Profit”, in: Kyklos 29, Fasc.3, 1976, pp.419–48. Dennis C. Mueller, “Power and Profit in Hierarchical Organisations”, Statsvetenskapling Tidskrift (The Swedish Journal of Political Science), N.5, 1980, pp.293–302, reprinted in Manfred J. Holler (ed.), Power, Voting and Voting Power. Würzburg: Physica-Verlag 1981, pp. 65–77.
Dennis C. Mueller, “Rational Egoism Versus Adaptive Egoism as Fundamental Postulate for a Descriptive Theory of Human Behavior,” in: Public Choice,51, 1986, pp.3–23.
Dennis C. Mueller, “On the Foundations of Social Science Research”, in: Analyse & Kritik,14, 1992, pp.195–220.
Joseph A. Schumpeter, The Theory of Economic Development, New York: Oxford University Press 1934.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1998 Springer Science+Business Media Dordrecht
About this chapter
Cite this chapter
Mueller, D.C. (1998). Information and Uncertainty: Power, Profits and Morality. In: Leinfellner, W., Köhler, E. (eds) Game Theory, Experience, Rationality. Vienna Circle Institute Yearbook [1997], vol 5. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-1654-3_28
Download citation
DOI: https://doi.org/10.1007/978-94-017-1654-3_28
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-4992-6
Online ISBN: 978-94-017-1654-3
eBook Packages: Springer Book Archive