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The Economics of Scientific Knowledge - A Rational Choice Neo-Institutionalist Theory of Science (Hardcover)
Loot Price: R3,368
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The Economics of Scientific Knowledge - A Rational Choice Neo-Institutionalist Theory of Science (Hardcover)
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The Economics of Scientific Knowledge demonstrates how contemporary
economic theories, such as rational choice theory, public choice
theory, game theory, and neo-institutionalist economics can be
successfully applied to resolve the issues currently existing in
science studies and science and technology policy. Yanfei Shi
criticizes the sociology of scientific knowledge and the
traditional philosophy of science for their failures in justifying
science as a rational enterprise. From an economic perspective, he
explains why scientific enterprise as a public good is possible if
individual scientists are self-interested and presents a new and
convincing story of how scientific knowledge is produced in the
contemporary society. With professional experience as a policy
analyst, Yanfei Shi's economic perspective on scientists and their
behaviors, and his institutional analysis will have great
implications to the current discussions on science and innovation
policy issues. Scholars and students in the fields of economics,
philosophy and sociology as well as scientists, administrators and
policy analysts will find this book a welcome addition to the
literature of the increasingly important field of science studies.
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