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The Australian National University

Kevin Zollman (Carnegie Mellon): "The Credit Economy and the Economic Rationality of Science"

Date and time

Thu, 18/05/2017 - 15:30 - 17:30


Coombs Seminar Room A

Theories of scientific rationality typically pertain to belief. This talk argues that we should expand our focus to include not just scientists' beliefs but also their motivations.  An economic model is used to evaluate whether science is best served by scientists motivated only by truth, only by credit, or by both truth and credit.  In many, but not all, situations scientists motivated by both truth and credit should be judged as the most rational scientists.

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