The Economics of Citation
AbstractIn this paper, we study the citation decision of a scientific author. By citing a related work, authors can make their arguments more persuasive. We call this the correlation effect. But if authors cite other work, they may give the impression that they think the cited work is more competent than theirs. We call this the reputation effect. These two effects may be the main sources of citation bias. We empirically show that there is a citation bias in Economics by using data from RePEc. We also report how the citation bias differs across regions (U.S., Europe and Asia).
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Bibliographic InfoPaper provided by University of Connecticut, Department of Economics in its series Working papers with number 2007-31.
Length: 25 pages
Date of creation: Aug 2007
Date of revision:
Note: This research was begun when the first author was visiting ISER, Osaka University in the winter of 2005. We are grateful to seminar audiences at the University of Connecticut and participants in the applied microeconomics workshop held at Korea Foundation of Advanced Studies for helpful comments.
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More information through EDIRC
citation bias; correlation effect; reputation effect; signal; strategy; RePEc;
Find related papers by JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-09-02 (All new papers)
- NEP-HPE-2007-09-02 (History & Philosophy of Economics)
- NEP-ICT-2007-09-02 (Information & Communication Technologies)
- NEP-IPR-2007-09-02 (Intellectual Property Rights)
- NEP-SOG-2007-09-02 (Sociology of Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Christian Zimmermann, 2012.
"Academic rankings with RePEc,"
2012-023, Federal Reserve Bank of St. Louis.
- Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 2010.
"A theory of Fads, Fashion, Custom and cultural change as informational Cascades,"
Levine's Working Paper Archive
1193, David K. Levine.
- Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 992-1026, October.
- Banerjee, Abhijit V, 1992. "A Simple Model of Herd Behavior," The Quarterly Journal of Economics, MIT Press, vol. 107(3), pages 797-817, August.
- Wright, Malcolm & Armstrong, J. Scott, 2007. "Verification of Citations: Fawlty Towers of Knowledge?," MPRA Paper 4149, University Library of Munich, Germany.
- Jeong-Yoo Kim & Jinho Park, 2006. "On Prejudice," Scottish Journal of Political Economy, Scottish Economic Society, vol. 53(4), pages 505-522, 09.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:CitEc Project, subscribe to its RSS feed for this item.
- Richard S. J. Tol, 2013. "The Matthew Effect for Cohorts of Economists," Working Paper Series 5513, Department of Economics, University of Sussex.
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