The ‘science-as-market’ analogy: a constitutional economics perspective |
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Authors: | Viktor J Vanberg |
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Institution: | (1) Walter Eucken Institut, University of Freiburg, Freiburg i.Br., Germany |
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Abstract: | The ‘science-as-market’ analogy has been used in support of the notion that in science just as in markets competition works
as an effective instrument for reconciling the self-interested ambitions of individual agents with the social function that
science and markets are supposed to serve. This paper examines the analogy from a constitutional economics perspective, drawing
attention to the role that the rules of the constitution of the ‘game of science’ as well as the ‘market game’ play in conditioning
the ways in which competition works in the two realms. |
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