Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322296 
Year of Publication: 
2025
Series/Report no.: 
CHOPE Working Paper No. 2025-07
Publisher: 
Duke University, Center for the History of Political Economy (CHOPE), Durham, NC
Abstract: 
This work identifies the intellectual influences that supported Hayek's computational perspective as well as recognition that Hayek received from computational theorists in the decades following the publication of The Sensory Order. Having outlined Hayek's computational approach, I argue that 1) recognition of the approach suggests that agent-based computation is a natural extension of Hayek's work, 2) that a computational perspective helps should revise our interpretation of Kirzner's critique that Hayek's agent is a Robbinsean maximizer, and 3) that we should be careful not to reduce description of human decision-making to the structure provided by models of artificial intelligence, useful as these might be.
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.