Economics of scientific knowledge
The economics of scientific knowledge (ESK) is an approach to understanding science which is predicated on the need to understand scientific knowledge creation and dissemination in economic terms. The approach has been developed as a contrast to the sociology of scientific knowledge (SSK) which places scientists in their social context and examines their behavior using social theory. ESK typically involves thinking of scientists as having economic interests with these being thought of as utility maximisation and science as being a market process. Modelling strategies might use any of a variety of approaches including the neoclasscial, game theoretic, behavioural (bounded rationality) information theoretic and transaction costs. Boumans and Davis (2010) mention Dasgupta and David (1997) as
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Economics of scientific knowledge
The economics of scientific knowledge (ESK) is an approach to understanding science which is predicated on the need to understand scientific knowledge creation and dissemination in economic terms. The approach has been developed as a contrast to the sociology of scientific knowledge (SSK) which places scientists in their social context and examines their behavior using social theory. ESK typically involves thinking of scientists as having economic interests with these being thought of as utility maximisation and science as being a market process. Modelling strategies might use any of a variety of approaches including the neoclasscial, game theoretic, behavioural (bounded rationality) information theoretic and transaction costs. Boumans and Davis (2010) mention Dasgupta and David (1997) as
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The economics of scientific kn ...... example of work in this area.
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The economics of scientific kn ...... Dasgupta and David (1997) as
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Economics of scientific knowledge
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