AN ECONOMIC MODEL OF SCIENTIFIC RULES

José Luis Ferreira and Jesús Zamora-Bonilla

Economics and Philosophy, 2006, vol. 22, issue 2, 191-212

Abstract: Empirical reports on scientific competition show that scientists can be depicted as self-interested, strategically behaving agents. Nevertheless, we argue that recognition-seeking scientists will have an interest in establishing methodological norms which tend to select theories of a high epistemic value, and that these norms will be still more stringent if the epistemic value of theories appears in the utility function of scientists, either directly or instrumentally.

Date: 2006
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