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Item Details
Title:
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THE LIMITS TO CERTAINTY
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By: |
O. Giarini, Walter R. Stahel |
Format: |
Hardback |

List price:
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£119.99 |
We believe that this item is permanently unavailable, and so we cannot source
it.
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ISBN 10: |
0792321677 |
ISBN 13: |
9780792321675 |
Publisher: |
KLUWER ACADEMIC PUBLISHERS |
Edition: |
2nd rev. ed. 1993 |
Series: |
International Studies in the Service Economy v.4 |
Pages: |
271 |
Description: |
Includes conclusions of research conducted by the authors on the subject of waste prevention on the product level, that is making a better use of resources during the utilization of goods. |
Synopsis: |
I consider it a privilege to have been invited to write a preface for "The Limits to Certainty". It is however paradoxical that a theo- retical physicist be asked to write about a monograph dealing mainly with service economics. Notwithstanding, I am delighted to do so. Indeed, it is striking that two so widely different fields like physics and social science, and more especially economics, can interact in such a constructive way. There is no question here of reductionism. Nobody claims to be able to reduce social scien- ces to physics, nor to use patterns of social interaction in order to formulate new laws for atoms. What is at stake here is more im- portant than reduction; the age-old separation between the so-cal- led "hard" and "soft sciences" is breaking down. This separation has a long history. First, one should recall the influence of Newton's achievement on the formulation of scienti- fic goals. This influence led to the formulation of equilibrium mo- dels for supply/demand adjustment.As was noticed by Walter Weisskopf: "the Newtonian paradigm underlying classical and non-classical economics interpreted the economy according to the patterns developed in classical physics and mechanics, in analogy to the planetary system, to a machine or clockwork: a closed auto- nomous system ruled by endogenous factors of a highly selective nature, self-regulating and moving to a determinate, predictable point of equilibrium" (The Geneva Papers on Risk and Insurance (1984), Vol. 9, no. 33, pp. 335-360). |
Illustrations: |
biography |
Publication: |
US |
Imprint: |
Kluwer Academic Publishers |
Returns: |
Returnable |
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