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The economics of science aims to understand the impact of science on the advance of technology, to explain the behavior of scientists, and to understand the efficiency or inefficiency of scientific institutions and science markets. The importance of the economics of science is substantially due to the importance of science as a driver of ...
The economics of scientific knowledge 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 neoclassical, game theoretic, behavioural ( bounded rationality ...
This is a list of important publications in economics, organized by field. Some basic reasons why a particular publication might be regarded as important: Topic creator – A publication that created a new topic; Breakthrough – A publication that changed scientific knowledge significantly
Economic experiments usually use cash to motivate subjects, in order to mimic real-world incentives. Experiments are used to help understand how and why markets and other exchange systems function as they do. Experimental economics have also expanded to understand institutions and the law (experimental law and economics). [2]
Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of ...
Econophysics is a non-orthodox (in economics) interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics.
Through history, the systems of economic support for scientists and their work have been important determinants of the character and pace of scientific research. The ancient foundations of the sciences were driven by practical and religious concerns and or the pursuit of philosophy more generally.
The coexistence of the differing economic models of open science remains an evolving process. Competing narratives of the future of open access involve all the potential axis of open science goods: they include the disruption of legacy scientific publisher by new competitors, the transformation of private scientific goods into public goods and the rehabilitation of community-led governance. [7]