This paper develops models of quality standards to examine two trends: academic journals increasingly require extensive revisions of submissions, and articles are becoming longer and changing in other ways. Papers are modeled as varying along two quality dimensions: q reflects the importance of the main ideas and r other aspects of quality. Observed trends are regarded as increases in r-quality. A static equilibrium model illustrates comparative statics explanations. A dynamic model in which referees (with a biased view of their own work) learn social norms for weighting q and r is shown to produce a long, gradual evolution of social norms.
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Volume (Year): 110 (2002) Issue (Month): 5 (October) Pages: 994-1034 Download reference. The following formats are available: HTML
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