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The Measurement of Intellectual Influence: the Views of a Sceptic

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In an extremely interesting paper, Palacios-Huerta and Volij (2004) [PV] introduce the axiomatic method to the problem of how to rank academic journals on the basis of their mutual citations. They characterize the invariant method as the only one satisfying a list of five appealing properties. In this note, I show an impossibility result, by identifying a sixth property that is violated by the invariant method. Further, I question the appeal of the PV axioms, when applied over larger domains of problems that take into account making distinctions among types of citations.

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Bibliographic Info

Paper provided by Brown University, Department of Economics in its series Working Papers with number 2004-02.

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Date of creation: 2004
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Handle: RePEc:bro:econwp:2004-02

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Postal: Department of Economics, Brown University, Providence, RI 02912

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  1. Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Working Papers 2004-02, Brown University, Department of Economics.
  2. Ignacio Palacios-Huerta & Oscar Volij, 2004. "The Measurement of Intellectual Influence," Econometrica, Econometric Society, vol. 72(3), pages 963-977, 05.
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Cited by:
  1. Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Working Papers 2004-02, Brown University, Department of Economics.
  2. Carmen Herrero & Antonio Villar, 2012. "On the comparison of group performance with categorical Data," Working Papers 12.03, Universidad Pablo de Olavide, Department of Economics.
  3. Albers, Sönke, 2008. "Three Failed Attempts of Joint Rankings of Research in Economics and Business," MPRA Paper 12868, University Library of Munich, Germany, revised 16 Jan 2009.
  4. Klaus Ritzberger, 2009. "Misleading Rankings of Research in Business: A Reply -super-* ," German Economic Review, Verein für Socialpolitik, vol. 10, pages 364-367, 08.

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