Experiment on entrepreneurial discovery: An attempt to demonstrate the conjecture of Hayek and Kirzner

Journal of Economic Behavior and Organization

Volumn 50, Issue 3, 2003, Pages 295-310

  Demmert, Henry ^a   Klein, Daniel B ^a  

^a SANTA CLARA UNIVERSITY   (United States)

Author keywords

Discovery; Entrepreneurship; Epiphany; Interpretive shift; Problem solving

Indexed keywords

EID: 0037332721     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0167-2681(02)00024-0     Document Type: Article

References (16)

1. Adamson, R.E., 1952. Functional fixedness as related to problem solving: a repetition of three experiments. Problem Solving, 288-91.
2. Dunker, K., 1945. On problem-solving. Psychological Monographs 58 (5), 270.
3. Gwartney, J., Lawson, R., Dexter S., 2000, Economic Freedom of the World. 2000 Annual Report. Fraser Institute, Vancouver.
4. Harrison, G.W., Morgan, P., 1990. Search intensity in experiments. Economic Journal 100 (June), 478-486.
5. Hayek, F.A., 1978. Competition as a discovery procedure. In: New Studies in Philosophy, Politics, Economics and the History of Ideas. University of Chicago Press, Chicago, pp. 179-190.
6. Kirzner, I.M., 1979. Perception, Opportunity, and Profit: Studies in the Theory of Entrepreneurship. University of Chicago Press, Chicago.
7. Kirzner, I.M., 1985. Discovery and the Capitalist Process. University of Chicago Press, Chicago.
8. Klein, D.B., 1999. Discovery and the deepself. Review of Austrian Economics 11, 47-76.
9. O'Driscoll, Gerald Jr., P., Kim, R.H., Melanie, K., 2000. 2000 Index of Economic Freedom. Heritage Foundation and Dow Jones & Company, Washington, DC.
10. Ricketts, M., 1994, The Economics of Business Enterprise: An Introduction to Economic Organization and the Theory of the Firm, 2nd Edition. Harvester Wheatsheaf, New York.
11. Romer, P., 1994. New goods old theory and the welfare costs of trade restrictions. Journal of Development Economics 43, 5-38.
12. Scheerer, M., 1963. Problem-solving. Scientific American 208 (April), 118-128.
13. Schotter, A., Braunstein, Y.M., 1981. Economic search: an experimental study. Economic Inquiry 19 (January), 1-25.
14. Smith, V.L., Walker, J.M., 1993. Monetary rewards and decision costs in experimental economics. Economic Inquiry 31 (April), 245-261.
15. Stigler, G.J., 1961. The economics of information. Journal of Political Economy 69 (June), 213-225.
16. Weisberg, R.W., 1993. Creativity: Beyond the Myth of Genius. Freeman, New York.