An optimal control model of the life-cycle research productivity of scientists |
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| Authors: | A. M. Diamond Jr |
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| Affiliation: | (1) Department of Economics, University of Nebraska at Omaha, 68182-0048 Omaha, Nebraska, USA |
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| Abstract: | A continuous time model using optimal control techniques is presented which implies that a scientist's productivity will eventually decline with age. This implication is at variance withCole's empirical findings1 but is consistent withDiamond's empirical findings.2 |
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