Academic economists today are caught in a "Publication Impossibility Theorem System" or PITS. In order to further their … careers, they are required to publish in A-journals, but for the vast majority this is impossible because there are few slots … open for them in such journals. Such academic competition maybe useful to generate hard work; however, there may be serious …

Academic economists today are caught in a "Publication Impossibility Theorem System" or PITS. In order to further their … careers, they are required to publish in A-journals, but for the vast majority this is impossible because there are few slots … open for them in such journals. Such academic competition maybe useful to generate hard work; however, there may be serious …

; publication ; journals ; incentives ; economic methodology …Academic economists today are caught in a "Publication Impossibility Theorem Systemʺ or PITS. To further their careers … in such journals. Such academic competition is held to provide the right incentives for hard work, but there may be …

Academic economists today are caught in a quot;Publication Impossibility Theorem Systemquot; or PITS. To further their … careers, they are required to publish in A-journals, but for the vast majority this is impossible because there are few slots … open in such journals. Such academic competition maybe useful to generate hard work, however, there may be serious negative …

Academic economists today are caught in a "Publication Impossibility Theorem System" or PITS. To further their careers … in such journals. Such academic competition is held to provide the right incentives for hard work, but there may be …, they are required to publish in A-journals, but this is impossible for the vast majority because there are few slots open …

) intensifies the competition: in particular, both top and mean realized scores increase. To tame incentives to provide excessively …