Open access means that research outputs, such as articles and data, are free of restrictions on access and free of … about open access must include a discussion about research infrastructure and innovation in academic publishing. …

We study a setting in which one or two agents conduct research on behalf of a principal. The agents' success depends on … effort and the choice of a research technology that is uncertain with respect to its quality. A single agent has no incentive … this bias towards mainstream research always entails an efficiency loss if researchers are risk-averse. Our results suggest …