"A serious reconsideration of the 'economics of science' is long overdue," say Philip Mirowski and Esther-Mirjam Sent in the introduction to Science Bought and Sold. Indeed, it is only recently that one could speak of a field of economics of science at all. Although it has long been accepted that economics can provide useful tools with which to understand science, economics has only lately shifted its focus to the economic agent as information processor, making it more broadly applicable to science.
Bringing together central themes in this emerging discipline, the editors have assembled important articles that provide a wider context and background against which the economics of science can be evaluated. Roughly one-third of the essays presented here are original papers, and the rest are critical articles previously published in the field. From essays examining economic welfare to the idea of scientists as agents to the digital aspects of higher education,Science Bought and Sold presents a comprehensive overview of the new directions of this expanding area.


Contributors:
Kenneth J. Arrow
Mario Biagioli
William A. Brock
Michel Callon
Partha Dasgupta
Paul A. David
Steven N. Durlauf
Paul Forman
Steve Fuller
D. Wade Hands
Shaun P. Hargreaves Heap
Philip Kitcher
Sharon G. Levin
Richard R. Nelson
David F. Noble
Michael Polanyi
Gary Rhoades
Charles Sanders Peirce
Sheila Slaughter
Paula E. Stephan
Stephen Turner
James R. Wible
John Ziman

Philip Mirowski is the Carl Koch Professor of Economics and the History and Philosophy of Science and fellow of the Reilly Center for Science, Technology, and Values at the University of Notre Dame.

Esther-Mirjam Sent is associate professor in the Department of Economics and faculty fellow of the Reilly Center for Science, Technology, and Values at the University of Notre Dame.