Leonid Hurwicz, in "Economic Planning and the Knowledge Problem" : A Comment" in Cato Journal Vol. 4, (Fall 1984), p. 419
“An early insight in my work on the economics of information concerned the problem of appropriability — the difficulty that those who pay for information have in getting returns.”
Autobiographical Essay (2001)
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Joseph E. Stiglitz 39
American economist and professor, born 1943. 1943Related quotes
Preface; First paragraph
Information Systems (1973)
Source: Against the Gods: The Remarkable Story of Risk
Development, Geography, and Economic Theory (1995), Ch. 3. Models and Metaphors
“Misers get up early in the morning; and burglars, I am informed, get up the night before.”
Tremendous Trifles (1909)
Richard Nelson and Sidney Winter, An Evolutionary Theory of Economic Change (1982), p. 365
Source: Fifty years of information progress (1994), p. 7; As cited in: Lyn Robinson and David Bawden (2011).
B.C. Vickery (1997) "Metatheory and information science," Journal of Documentation, 53(5), p. 460.
Attributed to Morgenstern in: John H. McArthur, Bruce R. Scott (1969), Industrial planning in France. p. 21.
Source: Information Science in Theory and Practice (1987), p. 9; As cited in: Lyn Robinson and David Bawden (2011).