Dokument
| Titel: | Product Quality in a Simple OLG Model of Scientific Competition |
| Autor: | Albert, Max |
| Veröffentlicht: | 2008 |
| URI: | https://archiv.ub.uni-marburg.de/es/2023/0191 |
| DOI: | https://doi.org/10.17192/es2023.0191 |
| DDC: | 330 Wirtschaft |
| Publikationsdatum: | 2023-12-21 |
| Lizenz: | https://creativecommons.org/publicdomain/mark/1.0 |
| Schlagwörter: |
|---|
| economics of science, methodology of economics, scientific competition, product quality, quality standards |
Summary:
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.
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