; 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 …

Strong forces lead to a withering of academia as it exists today. The major causal forces are the rankings mania …, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of 'university …' and inadequate organizational forms for modern research. Academia, in a broader sense understood as 'the locus of seeking …

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