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The Game Academics Play: Editors Versus Authors

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  • Joao Ricardo Faria
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    Abstract

    This paper studies a differential game between authors and editors. Authors maximize the number of publications seeking to increase the impact of their work in the literature. Editors maximize the quality of papers they publish in order to increase the reputation of their journals. The game is suitable to analyze two different scenarios. When journals have different reputations, the editors of the leading journals play as leaders while authors are the followers. When journals have the same reputation, both agents play as followers. A numerical example shows that the outcome of the first case is Pareto-superior to the second whenever editor's put more emphasis on quality vis-a-vis reputation.

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    File URL: http://www.finance.uts.edu.au/research/wpapers/wp105.pdf
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    Bibliographic Info

    Paper provided by Finance Discipline Group, UTS Business School, University of Technology, Sydney in its series Working Paper Series with number 105.

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    Date of creation: 01 Jun 2000
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    Publication status: Published as: Faria, J. R., 2005, "The Game Academics Play: Editors Versus Authors", Bulletin of Economic Research, 57(1), 1-12.
    Handle: RePEc:uts:wpaper:105

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    Related research

    Keywords: journal publications; sociology of economics citation analyses; differential games;

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    References

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    1. Zivney, Terry L & Bertin, William J, 1992. " Publish or Perish: What the Competition Is Really Doing," Journal of Finance, American Finance Association, vol. 47(1), pages 295-329, March.
    2. Arthur M. Diamond Jr., 1986. "What is a Citation Worth?," Journal of Human Resources, University of Wisconsin Press, vol. 21(2), pages 200-215.
    3. Jansen, Dennis W., 1991. "Ranking federal reserve system research departments by publications in professional journals," Journal of Macroeconomics, Elsevier, vol. 13(4), pages 733-742.
    4. Laband, David N & Piette, Michael J, 1994. "Favoritism versus Search for Good Papers: Empirical Evidence Regarding the Behavior of Journal Editors," Journal of Political Economy, University of Chicago Press, vol. 102(1), pages 194-203, February.
    5. Robison, Lindon J. & Colyer, Dale, 1994. "Reflections On Relevance Of Professional Journals," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 26(01), July.
    6. Michael S. McPherson & Morton Owen Schapiro, 1999. "Tenure Issues in Higher Education," Journal of Economic Perspectives, American Economic Association, vol. 13(1), pages 85-98, Winter.
    7. Siegfried, John J., 1994. "Trends in institutional affiliation of authors who publish in the three leading general interest economics journals," The Quarterly Review of Economics and Finance, Elsevier, vol. 34(4), pages 375-386.
    8. João Ricardo Faria, 2003. "What type of economist are you: -strategist or -strategist?," Journal of Economic Studies, Emerald Group Publishing, vol. 30(2), pages 144-154, May.
    9. C. Elton Hinshaw & John J. Siegfried, 1995. "Who Gets on the AEA Program?," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 153-163, Winter.
    10. Hodgson, Geoffrey M & Rothman, Harry, 1999. "The Editors and Authors of Economics Journals: A Case of Institutional Oligopoly?," Economic Journal, Royal Economic Society, vol. 109(453), pages F165-86, February.
    11. Yohe, Gary W, 1980. "Current Publication Lags in Economics Journals," Journal of Economic Literature, American Economic Association, vol. 18(3), pages 1050-55, September.
    12. Formby, John P & Gunther, William D & Sakano, Ryoichi, 1993. "Entry Level Salaries of Academic Economists: Does Gender or Age Matter?," Economic Inquiry, Western Economic Association International, vol. 31(1), pages 128-38, January.
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    Citations

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    Cited by:
    1. Mirucki, Jean & Poshyvak, Maria, 2006. ""Ukraine" in scholarly publications: An analysis based on econLit," MPRA Paper 27563, University Library of Munich, Germany.
    2. Rajeev K. Goel & Jo�o Ricardo Faria, 2007. "Proliferation Of Academic Journals: Effects On Research Quantity And Quality," Metroeconomica, Wiley Blackwell, vol. 58(4), pages 536-549, November.
    3. Alberto Baccini & Lucio Barabesi, 2008. "Interlocking Editorship. A Network Analysis of the Links Between Economic Journals," Department of Economics University of Siena 532, Department of Economics, University of Siena.
    4. João Faria & Rajeev Goel, 2010. "Returns to networking in academia," Netnomics, Springer, vol. 11(2), pages 103-117, July.
    5. Mirucki, Jean & Nicot, Bernadette & Poshyvak, Maria, 2007. "What Can EconLit Reveal Us About Ukraine's Scholarly Production?," MPRA Paper 27717, University Library of Munich, Germany.
    6. Katja Rost & Bruno S. Frey, 2011. "Quantitative and Qualitative Rankings of Scholars," Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 63(1), pages 63-91, January.
    7. Besancenot, Damien & Vranceanu, Radu, 2008. "Can incentives for research harm research? A business schools' tale," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1248-1265, June.
    8. Faria, João Ricardo & Mixon, Franklin G. & Salter, Sean P., 2012. "An economic model of workplace mobbing in academe," Economics of Education Review, Elsevier, vol. 31(5), pages 720-726.
    9. Berg, Nathan & Faria, Joao, 2008. "Negatively correlated author seniority and the number of acknowledged people: Name-recognition as a signal of scientific merit?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1234-1247, June.
    10. Rex J. Pjesky & Daniel Sutter, 2011. "Does the Lack of a Profit Motive Affect Hiring in Academe? Evidence from the Market for Lawyers," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(4), pages 1053-1084, October.
    11. Damien Besancenot & Kim Huynh & Joao Faria, 2012. "Search and research: the influence of editorial boards on journals’ quality," Theory and Decision, Springer, vol. 73(4), pages 687-702, October.
    12. Heintzelman Martin & Nocetti Diego, 2009. "Where Should we Submit our Manuscript? An Analysis of Journal Submission Strategies," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-28, September.
    13. Daniel G. Arce & Walter Enders & Gary A. Hoover, 2008. "Plagiarism And Its Impact On The Economics Profession," Bulletin of Economic Research, Wiley Blackwell, vol. 60(3), pages 231-243, 07.
    14. Mirucki, Jean, 2007. "Searching for a Scholarly Visibility: The Case of Ukraine," MPRA Paper 27292, University Library of Munich, Germany, revised Mar 2007.
    15. Rajeev K. Goel, 2006. "The Game Academics Play: Comment," Bulletin of Economic Research, Wiley Blackwell, vol. 58(1), pages 19-23, 01.
    16. João Ricardo Faria & Damien Besancenot & Andreas J. Novak, 2011. "Paradigm Depletion, Knowledge Production And Research Effort: Considering Thomas Kuhn'S Ideas," Metroeconomica, Wiley Blackwell, vol. 62(4), pages 587-604, November.

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