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Chapter

Knowledge and Preference

Chapter

Knowledge and Preference

DOI link for Knowledge and Preference

Knowledge and Preference book

Knowledge and Preference

DOI link for Knowledge and Preference

Knowledge and Preference book

ByAnna Grandori
BookOrganization and Economic Behaviour

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Edition 1st Edition
First Published 2000
Imprint Routledge
Pages 33
eBook ISBN 9780429228841

ABSTRACT

Two main structural features of actors can explain economic behavior – in so far as it depends on actors: what they know and are capable of doing (knowledge and competence) and what they want (their preferences and interests). These two elements substantiate the identity of an actor – the response to the questions: Who am I? What can I do? What do I wish to do? – whether the actor is individual or collective. In this perspective, an entity can be treated as an actor if it perceives itself as, or acts as if it were, on a certain matter, a unit of preference and knowledge.1 Figure 1.1 outlines the conceptual structure of the chapter.

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