The use of knowledge in computers: introducing nanoeconomics
In his 1945 essay “The Use of Knowledge in Society”, Friedrich Hayek first drew attention the knowledge problem. Information is distributed throughout an economy. No
In his 1945 essay “The Use of Knowledge in Society”, Friedrich Hayek first drew attention the knowledge problem. Information is distributed throughout an economy. No
Austrian economist Friedrich Hayek described the Business Intelligence dilemma best, even though he probably never knew of the existence of BI. In his scholarly article The