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Product Quality in Scientific Competition

Author

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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.

Suggested Citation

  • Max Albert, 2006. "Product Quality in Scientific Competition," Papers on Strategic Interaction 2006-06, Max Planck Institute of Economics, Strategic Interaction Group.
  • Handle: RePEc:esi:discus:2006-06
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    File URL: ftp://papers.econ.mpg.de/esi/discussionpapers/2006-06.pdf
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    References listed on IDEAS

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    1. 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.
    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. 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.
    4. 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.
    5. Stephan, Paula E., 2010. "The Economics of Science," Handbook of the Economics of Innovation, Elsevier.
    6. Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, vol. 67, pages 297-297.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. 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).
    2. 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.
    3. Viktor Vanberg, 2010. "The ‘science-as-market’ analogy: a constitutional economics perspective," Constitutional Political Economy, Springer, vol. 21(1), pages 28-49, March.
    4. Arne HEISE, 2016. "‘Why has economics turned out this way?’ A socio-economic note on the explanation of monism in economics," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 10(1), pages 81-101, November.

    More about this item

    Keywords

    citations; competition; norms; quality; science;

    JEL classification:

    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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