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Product Quality in Scientific Competition

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  • Max Albert

Abstract

The paper presents a linear model of product quality in scientific competition. The only outputs of research are published papers; the only inputs are labor and papers by other researchers, which are cited when used. Researchers compete for status, measured as their rank in a citations count. If quality is hereditary in the production process, competition and self-fulfilling expectations can establish a quality scale.

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Bibliographic Info

Paper provided by Max Planck Institute of Economics, Strategic Interaction Group in its series Papers on Strategic Interaction with number 2006-06.

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Length: 31 pages
Date of creation: May 2006
Date of revision:
Handle: RePEc:esi:discus:2006-06

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Keywords: citations; competition; norms; quality; science;

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References

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  1. Rasmusen, Eric, 1994. "Judicial Legitimacy as a Repeated Game," Journal of Law, Economics and Organization, Oxford University Press, vol. 10(1), pages 63-83, April.
  2. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
  3. Congleton, Roger D., 1989. "Efficient status seeking: Externalities, and the evolution of status games," Journal of Economic Behavior & Organization, Elsevier, vol. 11(2), pages 175-190, March.
  4. Paula E. Stephan, 1996. "The Economics of Science," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1199-1235, September.
  5. Miceli, Thomas J. & Cosgel, Metin M., 1994. "Reputation and judicial decision-making," Journal of Economic Behavior & Organization, Elsevier, vol. 23(1), pages 31-51, January.
  6. Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, vol. 67, pages 297.
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Citations

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Cited by:
  1. Grant C. Black & Paula E. Stephan, 2010. "The Economics of University Science and the Role of Foreign Graduate Students and Postdoctoral Scholars," NBER Chapters, in: American Universities in a Global Market, pages 129-161 National Bureau of Economic Research, Inc.
  2. Viktor Vanberg, 2010. "The ‘science-as-market’ analogy: a constitutional economics perspective," Constitutional Political Economy, Springer, vol. 21(1), pages 28-49, March.
  3. Vanberg, Viktor J., 2008. "The 'science-as-market' analogy: a constitutional economics perspective," Freiburg Discussion Papers on Constitutional Economics 08/1, Walter Eucken Institut e.V..
  4. Max Albert, 2008. "Product Quality in a Simple OLG Model of Scientific Competition," MAGKS Papers on Economics 200804, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).

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