Overview

Cost, expected benefits, and risks are paramount in grant agencies' decisions to fund scientific research. In Cognitive Economy, Nicholas Rescher outlines a general theory for the cost-effective use of intellectual resources, amplifying the theories of Charles Sanders Pierce, who stressed an \u201ceconomy of research.\u201d Rescher discusses the requirements of cooperation, communication, cognitive importance, cognitive economy, as well as the economic factors bearing on induction and simplicity. He then applies his model to several case studies and to clarifying the limits imposed on science by economic considerations.

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9780822985204

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Rescher at his best. The arguments are strong and full of imagination, the applications of the model are precise and apt. This book should be required reading for those who serve on grant committees. <br> --Robert Butts, University of Western Ontario

Rescher at his best. The arguments are strong and full of imagination, the applications of the model are precise and apt. This book should be required reading for those who serve on grant committees. --Robert Butts, University of Western Ontario Rescher at his best. The arguments are strong and full of imagination, the applications of the model are precise and apt. This book should be required reading for those who serve on grant committees. Robert Butts, University of Western Ontario

Rescher at his best. The arguments are strong and full of imagination, the applications of the model are precise and apt. This book should be required reading for those who serve on grant committees. --Robert Butts, University of Western Ontario

Rescher at his best. The arguments are strong and full of imagination, the applications of the model are precise and apt. This book should be required reading for those who serve on grant committees. Robert Butts, University of Western Ontario Rescher at his best. The arguments are strong and full of imagination, the applications of the model are precise and apt. This book should be required reading for those who serve on grant committees. --Robert Butts, University of Western Ontario

Rescher at his best. The arguments are strong and full of imagination, the applications of the model are precise and apt. This book should be required reading for those who serve on grant committees. Robert Butts, University of Western Ontario

Author Information

Nicholas Rescher is Distinguished University Professor of Philosophy at the University of Pittsburgh and co-chairman of the Center for Philosophy of Science. A member of the American Academy of Arts and Sciences, he has served as president of the E

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