Walstad, Allan (2002) Science As a Market Process. [Preprint]
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Abstract
Abstract: Scientific inquiry is amenable to economic interpretation and analysis because scientists, like other people, pursue their individual goals through purposeful action. They make choices on the basis of costs, benefits, and risks as they perceive them. Their interaction with other scientists involves both cooperation and competition in a market that bears many similarities to the traditional economic market. The Austrian school of economics offers a particularly apt basis for an economic perspective on scientific inquiry. Economic concepts remain highly underutilized and ripe for exploitation.
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| Item Type: | Preprint | ||||||
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| Keywords: | economic market social | ||||||
| Subjects: | General Issues > Science and Society General Issues > Models and Idealization Specific Sciences > Economics General Issues > Values In Science General Issues > Science and Policy |
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| Depositing User: | Allan Walstad | ||||||
| Date Deposited: | 02 Nov 2007 | ||||||
| Last Modified: | 07 Oct 2010 15:15 | ||||||
| Item ID: | 3638 | ||||||
| Subjects: | General Issues > Science and Society General Issues > Models and Idealization Specific Sciences > Economics General Issues > Values In Science General Issues > Science and Policy |
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| Date: | June 2002 | ||||||
| URI: | https://philsci-archive.pitt.edu/id/eprint/3638 |
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