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Certainty equivalent citation: a generalized class of citation indexes

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  • Abatemarco, Antonio
  • Dell'Anno, Roberto

Abstract

Citation indexes have attracted the interest of many researchers in the recent years. In this paper we propose a new class of citation indexes which is shown to generalize most of the citation indexes in the existing literature (h-, g-, f-, t-index). The class of indexes is obtained borrowing from the notion of ``certainty equivalent income'' or ``equally distributed equivalent income'' which has been largely implemented in the field of risk and inequality measurement. As a result citation orderings are shown to depend on a parameter of concentration/dispersion aversion capturing the value judgments of the decision-maker with respect to the distribution of citations. In order to verify the sensitivity of scientific productivity orderings with respect to concentration/dispersion aversion, an empirical application to a representative sample of Italian academic economists is presented.

Suggested Citation

  • Abatemarco, Antonio & Dell'Anno, Roberto, 2011. "Certainty equivalent citation: a generalized class of citation indexes," MPRA Paper 36367, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:36367
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    Cited by:

    1. Antonio Abatemarco & Roberto Dell'Anno, 2012. "Italian Reform of the academic recruitment system. An appraisal of ANVUR and CUN benchmarks for assessing candidates and commissioners," Rivista italiana degli economisti, Società editrice il Mulino, issue 3, pages 441-480.
    2. Yunrong Li & Javier Ruiz-Castillo, 2014. "The impact of extreme observations in citation distributions," Research Evaluation, Oxford University Press, vol. 23(2), pages 174-182.

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    More about this item

    Keywords

    citation index; h-index; research assessment; scientific impact measures;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • A29 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Other
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education

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