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We develop a method to estimate producers' productivity beliefs when output quantities and input prices are unobservable, and we use it to evaluate the market for science. Our model of researchers' labor supply shows how their willingness…

综合经济学 · 经济学 2025-10-30 Fabio Bertolotti , Kyle Myers , Wei Yang Tham

We show that the greater the scientific wealth of a nation, the more likely that it will tend to concentrate this excellence in a few premier institutions. That is, great wealth implies great inequality of distribution. The scientific…

数字图书馆 · 计算机科学 2017-03-07 Gangan Prathap

The constantly growing body of scholarly knowledge of science, technology, and humanities is an asset of the mankind. While new discoveries expand the existing knowledge, they may simultaneously render some of it obsolete. It is crucial for…

数字图书馆 · 计算机科学 2017-10-24 Chaomei Chen

Research projects are primarily collaborative in nature through internal and external partnerships, but what role does funding play in their formation? Here, we examined over 43,000 funded projects in the past three decades, enabling us to…

物理与社会 · 物理学 2015-05-20 Athen Ma , Raul J. Mondragon , Vito Latora

One purpose -- quite a few thinkers would say the main purpose -- of seeking knowledge about the world is to enhance our ability to make good decisions. An item of knowledge that can make no conceivable difference with regard to anything we…

人工智能 · 计算机科学 2013-04-12 Henry E. Kyburg

Scientists pursue collective knowledge, but they also seek personal recognition from their peers. When scientists decide whether or not to work on a big new problem, they weigh the potential rewards of a major discovery against the costs of…

物理与社会 · 物理学 2016-07-26 Carl T. Bergstrom , Jacob G. Foster , Yangbo Song

This article offers a personal perspective on the current state of academic publishing, and posits that the scientific community is beset with journals that contribute little valuable knowledge, overload the community's capacity for…

数字图书馆 · 计算机科学 2017-01-11 Karen Shashok

In recent years, evaluation of the quality of academic research has become an increasingly important and influential business. It determines, often to a large extent, the amount of research funding flowing into universities and similar…

物理与社会 · 物理学 2017-11-03 Bertrand Berche , Yurij Holovatch , Ralph Kenna , Olesya Mryglod

Communicating new scientific discoveries is key to human progress. Yet, this endeavor is hindered by monetary restrictions for publishing one's findings and accessing other scientists' reports. This process is further exacerbated by a large…

综合经济学 · 经济学 2022-03-02 Mohsen Kayal , Jane Ballard , Ehsan Kayal

Nowadays it is quite evident that knowledge-based society necessarily involves the revaluation of human and intangible assets, as the advancement of local economies significantly depend on the qualitative and quantitative characteristics of…

计算机与社会 · 计算机科学 2017-10-27 Bence Zuti

We formulate one methodology to put a value or price on knowledge using well accepted techniques from finance. We provide justifications for these finance principles based on the limitations of the physical world we live in. We start with…

综合金融 · 定量金融 2021-02-02 Ravi Kashyap

The demand for global university league tables has been high over the past two decades. However, significant criticism of their methodologies is accumulating without being addressed. I revisit global university league tables by normalizing…

物理与社会 · 物理学 2023-08-22 Saulo Mendes

Why do nations produce scientific research? This is a fundamental problem in the field of social studies of science. The paper confronts this question here by showing vital determinants of science to explain the sources of social power and…

综合金融 · 定量金融 2018-06-14 Mario Coccia

When funding public goods, resources are often allocated via mechanisms that resemble contests, especially in the case of research grants. A common critique of these contests is that they induce ``too much'' effort from participants. This…

综合经济学 · 经济学 2024-03-13 Kyle R. Myers

Measurement is a complicated but very necessary task. Many indices have been created in an effort to define the quality of knowledge produced but they have attracted strong criticism, having become synonymous with individualism, competition…

数字图书馆 · 计算机科学 2018-07-23 Ari Melo Mariano , Maíra Rocha Santos

Scientific prizes are among the greatest recognition a scientist receives from their peers and arguably shape the direction of a field by conferring credibility to persons, ideas, and disciplines, providing financial rewards, and promoting…

物理与社会 · 物理学 2018-12-14 Yifang Ma , Brian Uzzi

Knowledge of how science is consumed in public domains is essential for a deeper understanding of the role of science in human society. While science is heavily supported by public funding, common depictions suggest that scientific research…

数字图书馆 · 计算机科学 2021-05-04 Yian Yin , Yuxiao Dong , Kuansan Wang , Dashun Wang , Benjamin F. Jones

What science does, what science could do, and how to make science work? If we want to know the answers to these questions, we need to be able to uncover the mechanisms of science, going beyond metrics that are easily collectible and…

Competent-looking judgment, including selecting, ranking, attributing, and certifying, is now produced at scale at marginal cost approaching zero, inverting the dominant economics-of-AI reading that treats judgment as the scarce complement…

计算机与社会 · 计算机科学 2026-05-26 Lauri Lovén

Citations in science are being studied from several perspectives, among which approaches such as scientometrics and science of science. In this chapter I briefly review some of the literature on citations, citation distributions and models…

数字图书馆 · 计算机科学 2025-05-12 V. A. Traag
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