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Economics of Science

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  • Lorenzo Rocco

    ()
    (Department of Economics, University of Milan-Bicocca)

Abstract

In this paper we argue that the incentive scheme faced by scientists induces them to promote their activity, publishing on-line their work-in-progress, participating or organising meetings and so on. Such actions produce a huge amount of externalities that may make easier for others to deal with the same topics. Recognizing this influence, we present four game theoretic settings which aim to replicate same features of the research world, such as the "fashions" or the separation between "common researchers" and "stars".

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File URL: http://dipeco.economia.unimib.it/repec/pdf/mibwpaper55.pdf
File Function: First version, 2002
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Bibliographic Info

Paper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number 55.

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Length: 36 pages
Date of creation: Aug 2002
Date of revision: Aug 2002
Handle: RePEc:mib:wpaper:55

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  1. Ashish Arora & Alfonso Gambardella, 1996. "Reputation and competence in publicly funded scientific research," Industrial Organization 9605002, EconWPA.
  2. Konishi, Hideo & Le Breton, Michel & Weber, Shlomo, 1997. "Equilibria in a Model with Partial Rivalry," Journal of Economic Theory, Elsevier, vol. 72(1), pages 225-237, January.
  3. Dasgupta, Partha & Maskin, Eric, 1987. "The Simple Economics of Research Portfolios," Economic Journal, Royal Economic Society, vol. 97(387), pages 581-95, September.
  4. Kalaitzidakis, Pantelis & Mamuneas, Theofanis P. & Stengos, Thanasis, 1999. "European economics: An analysis based on publications in the core journals," European Economic Review, Elsevier, vol. 43(4-6), pages 1150-1168, April.
  5. Dasgupta, Partha & David, Paul, 1985. "Information Disclosure and the Economics of Science and Technology," CEPR Discussion Papers 73, C.E.P.R. Discussion Papers.
  6. repec:fth:inseep:9968 is not listed on IDEAS
  7. Maxim Engers & Joshua S. Gans & Simon Grant & Stephen King, 1999. "First-Author Conditions," Journal of Political Economy, University of Chicago Press, vol. 107(4), pages 859-883, August.
  8. Levin, Sharon G & Stephan, Paula E, 1991. "Research Productivity over the Life Cycle: Evidence for Academic Scientists," American Economic Review, American Economic Association, vol. 81(1), pages 114-32, March.
  9. Pierre-Philippe COMBES & Laurent LINNEMER, 2001. "La publication d'articles de recherche en économie en France," Annales d'Economie et de Statistique, ENSAE, issue 62, pages 5-47.
  10. Richard Dusansky & Clayton J. Vernon, 1998. "Rankings of U.S. Economics Departments," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 157-170, Winter.
  11. Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 77-88, March.
  12. 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.
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