IDEAS home Printed from https://ideas.repec.org/a/rnp/ecopol/s2105.html
   My bibliography  Save this article

Грехи Упущения И Практика Экономической Науки
[Sins of Omission and the Practice of Economics]

Author

Listed:
  • George Akerlof

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

This paper advances the proposition that economics, as a discipline, gives rewards that favor the "hard" and disfavor the "soft." Such bias leads economic research to ignore important topics and problems that are difficult to approach in a "hard" way—thereby resulting in "sins of omission." This paper argues for reexamination of current institutions for publication and promotion in economics—as it also argues for greatly increased tolerance in norms for publication and promotion as one way of alleviating narrow methodological biases.

Suggested Citation

  • George Akerlof, 2021. "Грехи Упущения И Практика Экономической Науки [Sins of Omission and the Practice of Economics]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 104-123, February.
  • Handle: RePEc:rnp:ecopol:s2105
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/ecopol/s2105.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Robert J. Shiller, 2012. "The Subprime Solution: How Today’s Global Financial Crisis Happened, and What to Do about It: With a new preface by the author," Economics Books, Princeton University Press, edition 1, number 9853.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. James C. Brau & James Cicon & Stephen R. Owen, 2022. "A Textual Analysis of Logograms in Chinese IPO Roadshows: How Agreement between Investors and Management Relates to Pricing and Performance," IJFS, MDPI, vol. 10(2), pages 1-24, April.
    2. Mykola Sidak & Edita Hajnišová & Michal Fabuš, 2021. "Determination of objectives and responsibilities of public administration bodies in correlation with legal and managerial aspects: case study of the Slovak Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(3), pages 592-603, March.
    3. Ana González Galán & Juan José García del Hoyo & Félix García Ordaz, 2021. "Investment and Decapitalization in the Fishing Industry: The Case of the Spanish Crustacean Freezer Trawler Fleet," Sustainability, MDPI, vol. 13(16), pages 1-22, August.
    4. Zenou, Yves & Boucher, Vincent & Tumen, Semih & Vlassopoulos, Michael & Wahba, Jackline, 2020. "Ethnic Mixing in Early Childhood: Evidence from a Randomized Field Experiment and a Structural Model," CEPR Discussion Papers 15528, C.E.P.R. Discussion Papers.
    5. Emmanouil M. L. Economou & Nikolaos A. Kyriazis & Nicholas C. Kyriazis, 2021. "Managing Financial Risks while Performing International Commercial Transactions. Intertemporal Lessons from Athens in Classical Times," JRFM, MDPI, vol. 14(11), pages 1-14, October.
    6. Anik Ashraf, 2022. "Performance Ranks, Conformity, and Cooperation: Evidence from a Sweater Factory," CESifo Working Paper Series 9591, CESifo.
    7. Maria Lisa Clodoveo & Ahmed Yangui & Mahdi Fendri & Simona Giordano & Pasquale Crupi & Filomena Corbo, 2021. "Protected Geographical Indications for EVOO in Tunisia: Towards Environmental, Social, and Economic Sustainable Development," Sustainability, MDPI, vol. 13(20), pages 1-29, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tamer Khraisha & Keren Arthur, 2018. "Can we have a general theory of financial innovation processes? A conceptual review," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-27, December.
    2. Darrell Jiajie Tay & Chung-I Chou & Sai-Ping Li & Shang You Tee & Siew Ann Cheong, 2016. "Bubbles Are Departures from Equilibrium Housing Markets: Evidence from Singapore and Taiwan," PLOS ONE, Public Library of Science, vol. 11(11), pages 1-13, November.
    3. Diks, Cees & Wang, Juanxi, 2016. "Can a stochastic cusp catastrophe model explain housing market crashes?," Journal of Economic Dynamics and Control, Elsevier, vol. 69(C), pages 68-88.
    4. Liu, Dan & Jin, Yanhong & Pray, Carl & Liu, Shuang, 2020. "The Effects of Digital Inclusive Finance on Household Income and Income Inequality in China?," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304238, Agricultural and Applied Economics Association.
    5. Baruník, Jozef & Kočenda, Evžen & Vácha, Lukáš, 2016. "Asymmetric connectedness on the U.S. stock market: Bad and good volatility spillovers," Journal of Financial Markets, Elsevier, vol. 27(C), pages 55-78.
    6. Coskun Yener & Jadevicius Arvydas, 2017. "Is there a Housing Bubble in Turkey?," Real Estate Management and Valuation, Sciendo, vol. 25(1), pages 48-73, March.
    7. Tomás M. Bañegil-Palacios & M. Isabel Sánchez-Hernández, 2018. "The Challenge to Foster Foreign Students’ Experiences for Sustainable Higher Educational Institutions," Sustainability, MDPI, vol. 10(2), pages 1-16, February.
    8. Claudius Gros, 2017. "Entrenched time delays versus accelerating opinion dynamics: are advanced democracies inherently unstable?," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 90(11), pages 1-8, November.
    9. Maximilian Groh, 2014. "Strategic Management In Times Of Crisis," American Journal of Economics and Business Administration, Science Publications, vol. 6(2), pages 49-57, June.
    10. Casarin, Roberto & Costola, Michele & Yenerdag, Erdem, 2018. "Financial bridges and network communities," SAFE Working Paper Series 208, Leibniz Institute for Financial Research SAFE, revised 2018.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:ecopol:s2105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.