Consensus

Backhaus, Jürgen (Ed.). Encyclopedia of Law and Economics. Springer (2015)

Posted: 8 May 2014 Last revised: 19 Dec 2015

Date Written: April 24, 2015

Abstract

How does the process of consensus formation affect the accuracy and reliability of our knowledge? Cognitive and epistemic division of labor creates a problem of trust in the use and application of knowledge. Consequently, the reliability of scientific consensus depends on whether the incentives, which the self-interested members of scientific communities face, are aligned in the right way.

Keywords: Consensus, Incentives, Institutions, Science

JEL Classification: A11, L82, P16

Suggested Citation

Kuchař, Pavel, Consensus (April 24, 2015). Backhaus, Jürgen (Ed.). Encyclopedia of Law and Economics. Springer (2015), Available at SSRN: https://ssrn.com/abstract=2433968

Pavel Kuchař (Contact Author)

King’s College London ( email )

London
United Kingdom

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
291
PlumX Metrics