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 …

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 …

Academic economists today are caught in a “Publication Impossibility Theorem System” 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 …