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Paradigm depletion, knowledge production and research effort

Author

Listed:
  • Joao R. 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 J. Novak

    (Department of Business Administration - Universität Wien = University of 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 R. Faria & Damien Besancenot & Andréas J. 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://shs.hal.science/halshs-00447302
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    References listed on IDEAS

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    1. Hendrik P. van Dalen, 1999. "The Golden Age of Nobel Economists," The American Economist, Sage Publications, vol. 43(2), pages 19-35, October.
    2. João Ricardo Faria, 2005. "The Game Academics Play: Editors versus Authors," Bulletin of Economic Research, Wiley Blackwell, vol. 57(1), pages 1-12, January.
    3. Morgenstern, Oskar, 1976. "The Collaboration between Oskar Morgenstern and John von Neumann on the Theory of Games," Journal of Economic Literature, American Economic Association, vol. 14(3), pages 805-816, September.
    4. Faria, Joao Ricardo, 2002. "Scientific, business and political networks in academia," Research in Economics, Elsevier, vol. 56(2), pages 187-198, June.
    5. Gary A. Hoover, 2004. "Whose Line Is It? Plagiarism in Economics," Journal of Economic Literature, American Economic Association, vol. 42(2), pages 487-493, June.
    6. Glenn Ellison, 2002. "The Slowdown of the Economics Publishing Process," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 947-993, October.
    7. 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.
    8. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    9. 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.
    10. Morgenstern, Oskar, 1972. "Thirteen Critical Points in Contemporary Economic Theory: An Interpretation," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1163-1189, December.
    11. 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.
    12. John D. Sterman & Jason Wittenberg, 1999. "Path Dependence, Competition, and Succession in the Dynamics of Scientific Revolution," Organization Science, INFORMS, vol. 10(3), pages 322-341, June.
    13. 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.
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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. repec:hal:cepnwp:halshs-00590527 is not listed on IDEAS

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