Vincent F. Hendricks: Professor, Director | Center for Information and Bubble Studies | University of Copenhagen

New Paper / Science Bubbles / 22.11.2013

New Paper / Science Bubbles / 22.11.2013

Science Bubbles

David Budtz Pedersen & Vincent F. Hendricks

Philosophy and Technology
DOI: 10.1007/s13347-013-0142-7
Springer Science+Business Media Dordrecht 2013

Received: 19 June 2013 / Accepted: 23 October 2013 6

Abstract: Much like the trade and traits of bubbles in financial markets, similar bubbles appear on the science market. When economic bubbles burst, the drop in prices causes 10 the crash of unsustainable investments leading to an investor confidence crisis possibly followed by a financial panic. But when bubbles appear in science, truth and reliability are the first victims. This paper explores how fashions in research funding and research 13 management may turn science into something like a bubble economy.

Keywords: Bubbles . Finance . Science . Social psychology . Informational phenomena . Research management . Optimization games

Press Release: November 22, 2013

Rating by Almetric 17.01.2014

Pressemeddelse (dansk): 26. November, 2013

After online publication, subscribers (personal/institutional) to this journal will have access to the complete article via the DOI using the URL: http://link.springer.com/article/10.1007%2Fs13347-013-0142-7

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