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Evolution of social norms with heterogeneous preferences: A general model and an application to the academic review process

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Azar, Ofer H.

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Abstract

The article presents a model of social norm evolution that suggests how the increase in optimal and actual first response times (FRT) of economics journals can be related. When the optimal FRT and the norm about how much time refereeing should take increase, it seems that the existence of a norm increases the average refereeing time. The model suggests the surprising result that this is not necessarily true. I also discuss applications of the model in other contexts, differences in the optimal FRT between disciplines, the effects of the FRT on the tenure process, and strategic behavior of referees.

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File URL: http://www.sciencedirect.com/science/article/B6V8F-4M6450J-1/1/2ce6f99be3794784847a7f6587157043
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Publisher Info
Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 65 (2008)
Issue (Month): 3-4 (March)
Pages: 420-435
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Handle: RePEc:eee:jeborg:v:65:y:2008:i:3-4:p:420-435

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Ofer H. Azar, 2005. "The Review Process in Economics: Is it Too Fast?," General Economics and Teaching 0503013, EconWPA. [Downloadable!]
    Other versions:
  2. Sethi, Rajiv & Somanathan, E, 1996. "The Evolution of Social Norms in Common Property Resource Use," American Economic Review, American Economic Association, vol. 86(4), pages 766-88, September. [Downloadable!] (restricted)
  3. Hamermesh, Daniel S, 1994. "Facts and Myths about Refereeing," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 153-63, Winter. [Downloadable!] (restricted)
  4. Azar, Ofer H., 2002. "The slowdown in first-response times of economics journals: Can it be beneficial?," MPRA Paper 4478, University Library of Munich, Germany. [Downloadable!]
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  5. Ofer H. Azar, 2005. "The Academic Review Process: How Can We Make it More Efficient?," General Economics and Teaching 0502069, EconWPA. [Downloadable!]
  6. Sethi, Rajiv, 1996. "Evolutionary stability and social norms," Journal of Economic Behavior & Organization, Elsevier, vol. 29(1), pages 113-140, January. [Downloadable!] (restricted)
  7. Glenn Ellison, 2002. "The Slowdown of the Economics Publishing Process," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 947-993, October. [Downloadable!] (restricted)
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  8. William Thomson, 2001. "A Guide for the Young Economist," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262700794.
  9. Engers, Maxim & Gans, Joshua S, 1998. "Why Referees Are Not Paid (Enough)," American Economic Review, American Economic Association, vol. 88(5), pages 1341-49, December. [Downloadable!] (restricted)
  10. Ted Bergstrom, 2001. "Free Labor for Costly Journals?," University of California at Santa Barbara, Economics Working Paper Series 16-01, Department of Economics, UC Santa Barbara. [Downloadable!]
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  11. Glenn Ellison, 2002. "Evolving Standards for Academic Publishing: A q-r Theory," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 994-1034, October. [Downloadable!] (restricted)
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  12. Juin-jen Chang & Ching-chong Lai, 2001. "Is It Worthwhile to Pay Referees?," Southern Economic Journal, Southern Economic Association, vol. 68(2), pages 457-463, October.
  13. Ofer H. Azar, 2003. "What sustains social norms and how they evolve? The case of tipping," Others 0309001, EconWPA. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Azar, Ofer H. & Brock, David M., 2007. "A Citation-Based Ranking of Strategic Management Journals," MPRA Paper 7066, University Library of Munich, Germany. [Downloadable!]
    Other versions:
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This page was last updated on 2009-11-22.

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