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The Economics of Science

Methodology and Epistemology as if Economics Really Mattered

James R Wible

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English
Routledge
27 February 2014
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.

By:  
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm,  Spine: 18mm
Weight:   420g
ISBN:   9780415757263
ISBN 10:   0415757266
Series:   Routledge Frontiers of Political Economy
Pages:   284
Publication Date:  
Audience:   College/higher education ,  Primary
Format:   Paperback
Publisher's Status:   Active
1 WHY AN ECONOMICS OF SCIENCE? 2 AN ECONOMIC THEORY OF REPLICATION FAILURE 3 AN ECONOMIC THEORY OF FRAUD IN SCIENCE 4 PEIRCE’S ECONOMICS OF RESEARCH PROJECT SELECTION 5 A COST-BENEFIT APPROACH TO RESEARCH PROJECT SELECTION, POPPER’S METHODOLOGY, AND SCIENTIFIC PROGRESS 6 MARKET FAILURE IN THE MARKETPLACE OF IDEAS: THE CASES OF KARL POPPER AND THE ECONOMICS PROFESSION 7 MARKET FAILURE IN THE MARKETPLACE OF IDEAS: THE CASE OF FRIEDMAN’S ESSAY

James R Wible has been a member of the economics faculty at the Whittemore School of Business and Economics, University of New Hampshire in Durham for more than a decade. His main research interests are economic methodology and the economics of science, the economics and philosophy of Charles Sanders Peirce, and macroeconomics and monetary theory.

Reviews for The Economics of Science: Methodology and Epistemology as if Economics Really Mattered

'The book represents a substantial contribution to the growing literature on the economics of science. The book is highly recommended, and given the growth of literature on the economics of science it is certain to become one of the seminal contributions to the field.' - Review of Social Economy Sep 2000


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