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Faculty of Business Administration and Economics, Philipps-Universität Marburg >
MAGKS Joint Discussion Paper Series in Economics, Universität Marburg >
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http://hdl.handle.net/10419/30125
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| Title: | | Product quality in a simple OLG model of scientific competition  |
| Authors: | | Albert, Max |
| Issue Date: | | 2008 |
| Series/Report no.: | | Joint discussion paper series in economics 2008,04 |
| Abstract: | | 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. |
| Subjects: | | economics of science methodology of economics product quality quality standards scientific competition |
| JEL: | | D02 L31 O31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | MAGKS Joint Discussion Paper Series in Economics, Universität Marburg
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