Economists in the PITS?
AbstractAcademic 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 this is impossible for the vast majority because there are few slots open in such journals. Such academic competition is held to provide the right incentives for hard work, but there may be serious negative consequences: the wrong output may be produced in an inefficient way, the wrong people may be selected, and the losers may react in a harmful way. The paper suggests several ways for improvement.
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Bibliographic InfoPaper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 2594.
Date of creation: 2009
Date of revision:
academia; economists; publication; journals; incentives; economic methodology;
Other versions of this item:
- Bruno S. Frey, 2009. "Economists in the PITS?," CREMA Working Paper Series 2009-29, Center for Research in Economics, Management and the Arts (CREMA).
- Bruno S. Frey, 2009. "Economists in the PITS?," CREMA Working Paper Series 2009-05, Center for Research in Economics, Management and the Arts (CREMA).
- Bruno S. Frey, 2009. "Economists in the PITS?," IEW - Working Papers 406, Institute for Empirical Research in Economics - University of Zurich.
- A10 - General Economics and Teaching - - General Economics - - - General
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- I23 - Health, Education, and Welfare - - Education - - - Higher Education and Research Institutions
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Catch-22 for publish-and-perish
by Economic Logician in Economic Logic on 2009-03-17 08:13:00
- Are we the PITS?
by Ferg in Geary Behaviour Centre on 2009-03-16 10:35:00
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