Among them, the two most famous theories are the Substitute Effect advanced by Kenneth Arrow, the recipient of a Nobel Prize in economics, and the Efficiency Effect advanced by Taler, an American scholar.
其中尤以诺贝尔经济学奖获得者肯尼斯.阿罗(Kenneth Arrow)的替代效应和美国学者泰勒尔的效率效应最为有名。
Kenneth J. Arrow in the 1980s said the access of information may change uncertainty faced in the field of economic, and uncertainty lie in economic cost.
肯尼思·J·阿罗在20世纪80年代就指出,信息的获得能改变经济领域所面临的不确定性,但不确定性具有经济成本。
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