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Predatory conferences in economics and finance

Author

Listed:
  • Lukasz Prorokowski

    (Masaryk University, Institute of Financial Complex Systems)

Abstract

There is a growing number of pseudo-scientific conferences that are based on an exploitative business model without regard for research quality. The predatory nature of such conferences means that an unsuspecting researcher is tricked into participating in these events. This study conducts an experiment to investigate how organisers of predatory conferences operate. The study concludes that the schemes set up by predatory conference organisers are sophisticated enough to convince a junior researcher to pay for participation in these events. This is the first study that looks at predatory conferences in the area of economics and finance. The review of responses to a flawed abstract shows that the acceptance offer was received within the first four days upon submission. Summing up, 3% (18 out of 613) of the targeted conferences firmly accepted the abstract. However, it does not mean that in other cases conference organisers acted honourably by ignoring the flawed abstract, even though 97% (594 out of 613) of the targeted conferences provided no response to the submissions.

Suggested Citation

  • Lukasz Prorokowski, 2021. "Predatory conferences in economics and finance," Bank i Kredyt, Narodowy Bank Polski, vol. 52(1), pages 77-96.
    • Handle: RePEc:nbp:nbpbik:v:52:i:1:p:77-96
    as

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    File URL: https://bankikredyt.nbp.pl/content/2021/01/bik_01_2021_04.pdf
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    References listed on IDEAS

    as
    1. Declan Butler, 2013. "Investigating journals: The dark side of publishing," Nature, Nature, vol. 495(7442), pages 433-435, March.
    2. Piotr Sorokowski & Emanuel Kulczycki & Agnieszka Sorokowska & Katarzyna Pisanski, 2017. "Predatory journals recruit fake editor," Nature, Nature, vol. 543(7646), pages 481-483, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economics; finance; predatory publishing; experiment;
    All these keywords.

    JEL classification:

    • C9 - Mathematical and Quantitative Methods - - Design of Experiments
    • A10 - General Economics and Teaching - - General Economics - - - General
    • G00 - Financial Economics - - General - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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