Product Quality in a Simple OLG Model of Scientific Competition

Using a simple OLG model where the research output of one generation provides inputs for the next, the paper explains how quality standards can become established in scientific competition. Researchers seek status, which they get if their results are used by the next generation. Quality is heredi...

पूर्ण विवरण

में बचाया:
ग्रंथसूची विवरण
में प्रकाशित:MAGKS - Joint Discussion Paper Series in Economics (Band 04-2008)
मुख्य लेखक: Albert, Max
स्वरूप: Arbeit
भाषा:अंग्रेज़ी
प्रकाशित: Philipps-Universität Marburg 2008
विषय:
ऑनलाइन पहुंच:पीडीएफ पूर्ण पाठ
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विवरण
सारांश:Using a simple OLG model where the research output of one generation provides inputs for the next, the paper explains how quality standards can become established in scientific competition. Researchers seek status, which they get if their results are used by the next generation. Quality is hereditary in the sense that input quality affects output quality. Hereditary quality allows for simple coordination on quality standards.
डिजिटल ऑब्जेक्ट पहचानकर्ता:10.17192/es2023.0191