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Paradigm depletion, knowledge production and research effort

Author

Listed:
  • Joao R. Faria

    (IPED - Institute for Policy and Economic Development - UTEP - University of Texas [El Paso])

  • Damien Besancenot

    (CEPN - Centre d'Economie de l'Université Paris Nord (ancienne affiliation) - UP13 - Université Paris 13 - CNRS - Centre National de la Recherche Scientifique)

  • Andréas J. Novak

    (Department of Business Administration - Universität Wien = University of Vienna)

Abstract

This paper deals with two elements of Thomas Kuhn (1962) ideas regarding paradigm: Depletion and resiliency. The possibility of paradigm depletion taking resilience into account, given the hierarchy among scientists, is modeled as a Stackelberg differential game between editors [leaders] and authors [followers]. A number of results emerge from the model: i) Paradigm depletion can be optimal; ii) The optimal editor's shadow price of potential knowledge must be non-positive, if it is positive, the editor is just a keeper of the orthodoxy rather than a scientist; iii) Editor's and/or researcher's impatience is always bad for science; iv) In equilibrium editor's behavior does not matter for optimal research effort, while only editor's behavior matter for the paradigm.

Suggested Citation

  • Joao R. Faria & Damien Besancenot & Andréas J. Novak, 2009. "Paradigm depletion, knowledge production and research effort," Working Papers halshs-00447302, HAL.
    • Handle: RePEc:hal:wpaper:halshs-00447302
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00447302
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    References listed on IDEAS

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    1. Hendrik P. van Dalen, 1999. "The Golden Age of Nobel Economists," The American Economist, Sage Publications, vol. 43(2), pages 19-35, October.
    2. João Ricardo Faria, 2005. "The Game Academics Play: Editors versus Authors," Bulletin of Economic Research, Wiley Blackwell, vol. 57(1), pages 1-12, January.
    3. Morgenstern, Oskar, 1976. "The Collaboration between Oskar Morgenstern and John von Neumann on the Theory of Games," Journal of Economic Literature, American Economic Association, vol. 14(3), pages 805-816, September.
    4. Faria, Joao Ricardo, 2002. "Scientific, business and political networks in academia," Research in Economics, Elsevier, vol. 56(2), pages 187-198, June.
    5. Gary A. Hoover, 2004. "Whose Line Is It? Plagiarism in Economics," Journal of Economic Literature, American Economic Association, vol. 42(2), pages 487-493, June.
    6. Joao Ricardo Faria, 2000. "The Game Academics Play: Editors Versus Authors," Working Paper Series 105, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    7. Glenn Ellison, 2002. "The Slowdown of the Economics Publishing Process," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 947-993, October.
    8. Rajeev K. Goel & João Ricardo Faria, 2007. "Proliferation Of Academic Journals: Effects On Research Quantity And Quality," Metroeconomica, Wiley Blackwell, vol. 58(4), pages 536-549, November.
    9. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    10. Daniel G. Arce & Walter Enders & Gary A. Hoover, 2008. "Plagiarism And Its Impact On The Economics Profession," Bulletin of Economic Research, Wiley Blackwell, vol. 60(3), pages 231-243, July.
    11. Morgenstern, Oskar, 1972. "Thirteen Critical Points in Contemporary Economic Theory: An Interpretation," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1163-1189, December.
    12. Alberto Baccini & Lucio Barabesi, 2008. "Interlocking Editorship. A Network Analysis of the Links Between Economic Journals," Department of Economics University of Siena 532, Department of Economics, University of Siena.
    13. John D. Sterman & Jason Wittenberg, 1999. "Path Dependence, Competition, and Succession in the Dynamics of Scientific Revolution," Organization Science, INFORMS, vol. 10(3), pages 322-341, June.
    14. Berg, Nathan & Faria, Joao, 2008. "Negatively correlated author seniority and the number of acknowledged people: Name-recognition as a signal of scientific merit?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1234-1247, June.
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    Cited by:

    1. Jellal, Mohamed & Faria, Joao & Elaoufi, Noureddine, 2012. "Endogenous dynamic academic research culture," MPRA Paper 38711, University Library of Munich, Germany.
    2. Damien Besancenot & Habib Dogguy, 2011. "Paradigm Shift," Working Papers halshs-00590527, HAL.
    3. repec:hal:cepnwp:halshs-00590527 is not listed on IDEAS

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