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" The whole acts as one market, not because any of its members survey the whole field, but because their limited individual fields of vision sufficiently overlap so that through many intermediaries the relevant information is communicated to all. "
Dilemmas in the Study of Information: Exploring the Boundaries of ...
بواسطة Samuel D. Neill - 1992 - عدد الصفحات: 184
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Middle- and Long-term Energy Policies and Alternatives: Hearings Before the ...

United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power - 1976 - عدد الصفحات: 1062
...substitutions knowing anything at all about the original cause of these changes. The whole acts as one market, not because any of its members survey the whole field,...intermediaries the relevant information is communicated to all. The mere fact that there is one price for any commodity — or rather that local prices are connected...

Individualism and Economic Order

F. A. Hayek - 1980 - عدد الصفحات: 284
...substitutions knowing anything at all about the original cause of these changes. The whole acts as one market, not because any of its members survey the whole field,...intermediaries the relevant information is communicated to all. The mere fact that there is one price for any commodity — or rather that local prices are connected...
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The Economic Nature of the Firm: A Reader

Louis Putterman, Randy Kroszner - 1996 - عدد الصفحات: 404
...substitutions knowing anything at all about the original cause of these changes. The whole acts as one market, not because any of its members survey the whole field,...intermediaries the relevant information is communicated to all. The mere fact that there is one price for any commodity - or rather that local prices are connected...
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The Market: Ethics, Knowledge, and Politics

John O'Neill - 1998 - عدد الصفحات: 246
...not because any of its members survey the whole field, but because their limited individual fields overlap so that through many intermediaries the relevant information is communicated to all. 27 The emphasis is added to bring out the role in Hayek's argument of agents who are aware of new gaps...
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The Temple of Culture: Assimilation and Anti-Semitism in Literary Anglo-America

Jonathan Freedman - 2000 - عدد الصفحات: 276
...employed elsewhere and that, in consequence, they must employ less tin.... The whole acts as one market, not because any of its members survey the whole field,...intermediaries the relevant information is communicated to all. The fact that there is one price for any commodity... brings about a solution which (it is just conceptually...
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Socialism and the Market: The Socialist Calculation Debate Revisited

Peter J. Boettke - 1999 - عدد الصفحات: 352
...substitutions knowing anything about the original causes of these changes. The whole acts as one market, not because any of its members survey the whole field, but because their limited individual fields overlap so that through many intermediaries the relevant information is communicated to all.9 The price...
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Software-Agents and Liberal Order: An Inquiry Along the Borderline Between ...

Dirk Nicolas Wagner - 2001 - عدد الصفحات: 204
...the whole acts as one coherent system because the limited fields of vision of the individual actors sufficiently overlap so that through many intermediaries the relevant information is communicated to all. In human societies a huge diversity of both deliberately designed and unintentionally and spontaneously...
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Against the Dead Hand: The Uncertain Struggle for Global Capitalism

Brink Lindsey - 2002 - عدد الصفحات: 351
...substitutions knowing anything at all about the original cause of these changes. The whole acts as one market, not because any of its members survey the whole field,...intermediaries the relevant information is communicated to all. 3 Thus, the price system is able to coordinate large amounts of dispersed information held locally...
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Readings in the Economics of the Division of Labor: The Classical Tradition

Guang-Zhen Sun - 2005 - عدد الصفحات: 312
...substitutions knowing anything at all about the original cause of these changes. The whole acts as one market, not because any of its members survey the whole field,...intermediaries the relevant information is communicated to all. The mere fact that there is one price for any commodity — or rather that local prices are connected...
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Knowledge: Critical Concepts, المجلد 3

Nico Stehr, Reiner Grundmann - 2005 - عدد الصفحات: 378
...substitutions knowing anything at all about the original cause of these changes. The whole acts as one market, not because any of its members survey the whole field,...intermediaries the relevant information is communicated to all. The mere fact that there is one price for any commodity — or rather that local prices are connected...
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