The Economics of Science

Methodology and Epistemology as if Economics Really Mattered

Business & Finance, Economics
Cover of the book The Economics of Science by James R Wible, Taylor and Francis
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Author: James R Wible ISBN: 9781134691913
Publisher: Taylor and Francis Publication: September 2, 2003
Imprint: Routledge Language: English
Author: James R Wible
ISBN: 9781134691913
Publisher: Taylor and Francis
Publication: September 2, 2003
Imprint: Routledge
Language: English

Science is difficult and costly to do well. This study systematically creates an economics of science. Many aspects of science are explored from an economic point of view. The scientist is treated as an economically rational individual. This book begins with economic models of misconduct in science and the legitimate, normal practices of science, moving on to market failure, the market place of ideas, self-correctiveness, and the organizational and institutional structures of science. An exploration of broader methodological themes raised by an economics of science ends the work.

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Science is difficult and costly to do well. This study systematically creates an economics of science. Many aspects of science are explored from an economic point of view. The scientist is treated as an economically rational individual. This book begins with economic models of misconduct in science and the legitimate, normal practices of science, moving on to market failure, the market place of ideas, self-correctiveness, and the organizational and institutional structures of science. An exploration of broader methodological themes raised by an economics of science ends the work.

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