Principal-agent theory and research policy

An introduction

Dietmar Braun, David Guston

Research output: Contribution to journalArticle

69 Citations (Scopus)

Abstract

The rational choice perspective is prominent in many sociological, economic and political science literature but has been undervalued until now in the field of science studies. This special issue attempts to revalorise this perspective by introducing the principal-agent theory with relation to research policy-making. The introduction presents the basic features of the model of principal-agent and reviews the theoretical development and applications in research policy. It summarises the main findings of the articles in this issue and concludes that the studies in the framework of principal-agent demonstrate the willingness of combining theoretical rigour and 'requisite variety' by applying the theory to a large number of different fields linked to research policy-making.

Original languageEnglish (US)
Pages (from-to)302-308
Number of pages7
JournalScience and Public Policy
Volume30
Issue number5
StatePublished - Oct 2003
Externally publishedYes

Fingerprint

principal-agent-theory
research policy
policy making
science studies
political science
economics
science

ASJC Scopus subject areas

  • Geography, Planning and Development

Cite this

Principal-agent theory and research policy : An introduction. / Braun, Dietmar; Guston, David.

In: Science and Public Policy, Vol. 30, No. 5, 10.2003, p. 302-308.

Research output: Contribution to journalArticle

@article{afb6c33d23ed471abca347e01fde609b,
title = "Principal-agent theory and research policy: An introduction",
abstract = "The rational choice perspective is prominent in many sociological, economic and political science literature but has been undervalued until now in the field of science studies. This special issue attempts to revalorise this perspective by introducing the principal-agent theory with relation to research policy-making. The introduction presents the basic features of the model of principal-agent and reviews the theoretical development and applications in research policy. It summarises the main findings of the articles in this issue and concludes that the studies in the framework of principal-agent demonstrate the willingness of combining theoretical rigour and 'requisite variety' by applying the theory to a large number of different fields linked to research policy-making.",
author = "Dietmar Braun and David Guston",
year = "2003",
month = "10",
language = "English (US)",
volume = "30",
pages = "302--308",
journal = "Science and Public Policy",
issn = "0302-3427",
publisher = "Beech Tree Publishing",
number = "5",

}

TY - JOUR

T1 - Principal-agent theory and research policy

T2 - An introduction

AU - Braun, Dietmar

AU - Guston, David

PY - 2003/10

Y1 - 2003/10

N2 - The rational choice perspective is prominent in many sociological, economic and political science literature but has been undervalued until now in the field of science studies. This special issue attempts to revalorise this perspective by introducing the principal-agent theory with relation to research policy-making. The introduction presents the basic features of the model of principal-agent and reviews the theoretical development and applications in research policy. It summarises the main findings of the articles in this issue and concludes that the studies in the framework of principal-agent demonstrate the willingness of combining theoretical rigour and 'requisite variety' by applying the theory to a large number of different fields linked to research policy-making.

AB - The rational choice perspective is prominent in many sociological, economic and political science literature but has been undervalued until now in the field of science studies. This special issue attempts to revalorise this perspective by introducing the principal-agent theory with relation to research policy-making. The introduction presents the basic features of the model of principal-agent and reviews the theoretical development and applications in research policy. It summarises the main findings of the articles in this issue and concludes that the studies in the framework of principal-agent demonstrate the willingness of combining theoretical rigour and 'requisite variety' by applying the theory to a large number of different fields linked to research policy-making.

UR - http://www.scopus.com/inward/record.url?scp=0242624898&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0242624898&partnerID=8YFLogxK

M3 - Article

VL - 30

SP - 302

EP - 308

JO - Science and Public Policy

JF - Science and Public Policy

SN - 0302-3427

IS - 5

ER -