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Paradigm depletion, knowledge production and research effort

Author

Listed:
  • Joao Faria

    () (IPED - Institute for Policy and Economic Development - UTEP - University of Texas [El Paso])

  • Damien Besancenot

    () (CEPN - Centre d'Economie de l'Université Paris Nord (ancienne affiliation) - UP13 - Université Paris 13 - CNRS - Centre National de la Recherche Scientifique)

  • Andréas Novak

    (Department of Business Administration - University of Vienna [Vienna])

Abstract

This paper deals with two elements of Thomas Kuhn (1962) ideas regarding paradigm: Depletion and resiliency. The possibility of paradigm depletion taking resilience into account, given the hierarchy among scientists, is modeled as a Stackelberg differential game between editors [leaders] and authors [followers]. A number of results emerge from the model: i) Paradigm depletion can be optimal; ii) The optimal editor's shadow price of potential knowledge must be non-positive, if it is positive, the editor is just a keeper of the orthodoxy rather than a scientist; iii) Editor's and/or researcher's impatience is always bad for science; iv) In equilibrium editor's behavior does not matter for optimal research effort, while only editor's behavior matter for the paradigm.

Suggested Citation

  • Joao Faria & Damien Besancenot & Andréas Novak, 2009. "Paradigm depletion, knowledge production and research effort," CEPN Working Papers halshs-00447302, HAL.
    • Handle: RePEc:hal:cepnwp:halshs-00447302
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00447302
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    File URL: https://halshs.archives-ouvertes.fr/halshs-00447302/document
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    References listed on IDEAS

    as
    1. Faria, Joao Ricardo, 2002. "Scientific, business and political networks in academia," Research in Economics, Elsevier, vol. 56(2), pages 187-198, June.
    2. Joao Ricardo Faria, 2000. "The Game Academics Play: Editors Versus Authors," Working Paper Series 105, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    3. Rajeev K. Goel & João Ricardo Faria, 2007. "Proliferation Of Academic Journals: Effects On Research Quantity And Quality," Metroeconomica, Wiley Blackwell, vol. 58(4), pages 536-549, November.
    4. Daniel G. Arce & Walter Enders & Gary A. Hoover, 2008. "Plagiarism And Its Impact On The Economics Profession," Bulletin of Economic Research, Wiley Blackwell, vol. 60(3), pages 231-243, July.
    5. Alberto Baccini & Lucio Barabesi, 2008. "Interlocking Editorship. A Network Analysis of the Links Between Economic Journals," Department of Economics University of Siena 532, Department of Economics, University of Siena.
    6. Berg, Nathan & Faria, Joao, 2008. "Negatively correlated author seniority and the number of acknowledged people: Name-recognition as a signal of scientific merit?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1234-1247, June.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Jellal, Mohamed & Faria, Joao & Elaoufi, Noureddine, 2012. "Endogenous dynamic academic research culture," MPRA Paper 38711, University Library of Munich, Germany.
    2. Damien Besancenot & Habib Dogguy, 2011. "Paradigm Shift," Working Papers halshs-00590527, HAL.
    3. Damien Besancenot & Habib Dogguy, 2011. "Paradigm Shift," CEPN Working Papers halshs-00590527, HAL.

    More about this item

    Keywords

    Paradigm; Economics of science; Research effort;

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