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Countries often spend billions on university research. There is growing interest in how to assess whether that money is well spent. Is there an objective way to assess the quality of a nation's world-leading science? I attempt to suggest a method, and illustrate it with modern data on economics....
Persistent link: https://www.econbiz.de/10010269637
A ranking of journals is manipulable if a particular journal's position can be improved by making additional citations to other journals. We introduce a simple ranking method that is not manipulable and is invariant to citation intensities, journal scaling and article-splitting. The ranking of...
Persistent link: https://www.econbiz.de/10010494433
The evaluation of scientific output has a key role in the allocation of research funds and academic positions. Decisions are often based on quality indicators for academic journals and over the years a handful of scoring methods have been proposed for this purpose. Discussing the most prominent...
Persistent link: https://www.econbiz.de/10010494499
In our paper we summarise the findings of an empirical study in which a sample of 346 journals in economics and business studies were examined. We regard both the extent and the quality of journals' data policies, which should facilitate replications of published empirical research. The paper...
Persistent link: https://www.econbiz.de/10011373372
We investigate how often replication studies are published in empirical economics and what types of journal articles are eventually replicated. We find that from 1974 to 2014 0.10% of publications in the Top 50 economics journals were replications. We take into account the results of replication...
Persistent link: https://www.econbiz.de/10011980966
Replication studies are considered a hallmark of good scientific practice. Yet they are treated among researchers as an ideal to be professed but not practiced. To provide incentives and favorable boundary conditions for replication practice, the main stakeholders need to be aware of what drives...
Persistent link: https://www.econbiz.de/10011607618
Duke's Center for Interdisciplinary Studies in Science and Cultural Theory (CISSCT) hosted a two-year program on "Science Studies and Economics" from 2018-2020. This is a draft of a talk that was to be given in that program in March 2020, but was cancelled with Duke's coronavirus closure....
Persistent link: https://www.econbiz.de/10012200428
In economics many articles are subjected to multiple rounds of refereeing at the same journal, which generates time costs of referees alone of at least $50 million. This process leads to remarkably longer publication lags than in other social sciences. We examine whether repeated refereeing...
Persistent link: https://www.econbiz.de/10012151838
Persistent link: https://www.econbiz.de/10011706214
From the two premises that (1) economies are complex systems and (2) the accumulation of knowledge about reality is desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold than monism. To substantiate this claim an...
Persistent link: https://www.econbiz.de/10011781107