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http://hdl.handle.net/10419/30125
  
Title:Product quality in a simple OLG model of scientific competition PDF Logo
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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