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Research Governance in Academia: Are there Alternatives to Academic Rankings?

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  • Margit Osterloh
  • Bruno S. Frey

Abstract

Peer reviews and rankings today are the backbone of research governance, but recently came under scrutiny. They take explicitly or implicitly agency theory as a theoretical basis. The emerging psychological economics opens a new perspective. As scholarly research is a mainly curiosity driven endeavor, we include intrinsic motivation and supportive feedback by the peers as important determinants of scholarly behavior. We discuss whether a stronger emphasis on selection and socialization offers an alternative to the present regime of academic rankings.

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File URL: http://www.cesifo-group.de/portal/page/portal/DocBase_Content/WP/WP-CESifo_Working_Papers/wp-cesifo-2009/wp-cesifo-2009-09/cesifo1_wp2797.pdf
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Bibliographic Info

Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 2797.

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Date of creation: 2009
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Handle: RePEc:ces:ceswps:_2797

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Keywords: peer reviews; rankings; research governance; agency theory; psychological economics; new public management; economics of science; control theory;

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Cited by:
  1. Torgler, Benno & Piatti, Marco, 2011. "A Century of American Economic Review," Berkeley Olin Program in Law & Economics, Working Paper Series qt6h59v4m6, Berkeley Olin Program in Law & Economics.
  2. Kirchgässner, Gebhard, 2011. "Kaderschmieden der Wirtschaft und/oder Universitäten? Der Auftrag der Wirtschaftsuniversitäten und -fakultäten im 21. Jahrhundert," Economics Working Paper Series 1107, University of St. Gallen, School of Economics and Political Science.

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