 Optimal scientific production over the life cycleGustav Feichtinger, D. Grass and Peter Kort Journal of Economic Dynamics and Control, 2019, vol. 108, issue C Abstract: The paper develops an optimization model of the career of a scientist. Recognizing that research efforts and networking get more efficient if the scientist is more knowledgeable, history dependent solutions are developed. We give a theoretical underpinning of the four different research patterns detected in Way et al. (2017, Proceedings of the National Academy of Sciences). If the scientist does not bother about his reputation at the end of his career, we show that a sufficient education level is needed for the scientist to develop a typical research pattern where productivity increases in the beginning of his career, while it declines towards retirement. If the education level is not sufficient, a fading research pattern will result where productivity declines over time. On the other hand, when the scientist appreciates to have a good reputation at the end of his career, sufficient education will result in increasing productivity over the career lifetime, preventing a midlife slump. Keywords: Optimal control; Research patterns; Skiba; Age-dependent scientific production; Networking: initial knowledge (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:dyncon:v:108:y:2019:i:c:s0165188918302781 DOI: 10.1016/j.jedc.2019.103752 Access Statistics for this article Journal of Economic Dynamics and Control is currently edited by J. Bullard, C. Chiarella, H. Dawid, C. H. Hommes, P. Klein and C. Otrok More articles in Journal of Economic Dynamics and Control from Elsevier |
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