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The Journal Rankings of Central Banks
Kohlscheen, Emanuel - 2011
authorities than the academic journal rankings currently in vogue. We report individual country rankings as well as the global … rankings. While important regional differences emerge, the Journal of Monetary Economics, the American Economic Review, the …
Persistent link: https://www.econbiz.de/10011430079
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Why Was Keynes Not Awarded the Nobel Peace Prize After Writing "The Economic Consequences of the Peace"?
Jonung, Lars - 2021
John Maynard Keynes became world famous with the publication of The Economic Consequences of the Peace in 1919, a harsh …
Persistent link: https://www.econbiz.de/10013208895
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The neoclassicals' conundrum: If Adam Smith is the father of economics, it is a bastard child
Valdes Viera, Oscar - 2017
Neoclassical economists of the current era frequently pay lip service to Adam Smith's theories to certify the validity of natural-laws-based, laissez-faire policies. However, neoclassical theories are fundamentally disconnected from Adam Smith's notion of value, his understanding of the economic...
Persistent link: https://www.econbiz.de/10011784683
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Rankings games
Frey, Bruno S.; Osterloh, Margit - 2011
Research rankings based on publications and citations today dominate governance of academia. Yet they have unintended … the taste for science by a taste for publication. We suggest as alternatives careful selection and socialization of … scholars, supplemented by periodic self-evaluations and awards. Neither should rankings be a basis for the distributions of …
Persistent link: https://www.econbiz.de/10010316925
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How much do journal titles tell us about the academic interest and relevance of economic research? An empirical analysis
Schläpfer, Felix - 2009
Unlike in other disciplines, research output in economics is commonly measured based on the journal titles in which an author has published. Here, I examine how much output measures based on journal titles tell us about the academic interest and relevance of economic papers as measured by...
Persistent link: https://www.econbiz.de/10010315605
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Designing institutions for diversity
Letina, Igor; Schmutzler, Armin - 2015
suppliers. We also compare other common contests, in particular, fixed-prize tournaments and auctions. Like bonus tournaments …, auctions implement the socially optimal diversity, but usually with higher rents for the suppliers. Fixed-prize tournaments …
Persistent link: https://www.econbiz.de/10011420558
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Designing institutions for diversity
Letina, Igor; Schmutzler, Armin - 2015
This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is beneficial because of the resulting option value. An auction induces the social optimum, while a...
Persistent link: https://www.econbiz.de/10011420571
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Inducing variety: A theory of innovation contests
Letina, Igor; Schmutzler, Armin - 2019
, we compare the optimal contest to scoring auctions and fixed-prize tournaments. …
Persistent link: https://www.econbiz.de/10011993818
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Inducing variety: A theory of innovation contests
Letina, Igor; Schmutzler, Armin - 2017
institutions, such as scoring auctions and fixed-prize tournaments. …
Persistent link: https://www.econbiz.de/10011784283
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Uncovered bargaining solutions
Lombardi, Michele; Mariotti, Marco - 2007
An uncovered bargaining solution is a bargaining solution for which there exists a complete and strict relation (tournament) such that, for each feasible set, the bargaining solution set coincides with the uncovered set of the tournament. We provide a characterization of a class of uncovered...
Persistent link: https://www.econbiz.de/10010284134