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The Measurement of Intellectual Influence: the Views of a Sceptic

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  • Roberto Serrano

    (Department of Economics, Brown University)

Abstract

In an extremely interesting paper, Palacios-Huerta and Volij (2004) [PV] introduce the axiomatic method to the problem of how to rank academic journals on the basis of their mutual citations. They characterize the invariant method as the only one satisfying a list of five appealing properties. In this note, I show an impossibility result, by identifying a sixth property that is violated by the invariant method. Further, I question the appeal of the PV axioms, when applied over larger domains of problems that take into account making distinctions among types of citations.

Suggested Citation

  • Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Economics Working Papers 0040, Institute for Advanced Study, School of Social Science.
    • Handle: RePEc:ads:wpaper:0040
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    1. Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Economics Bulletin, AccessEcon, vol. 1(3), pages 1-6.
    2. Ignacio Palacios-Huerta & Oscar Volij, 2004. "The Measurement of Intellectual Influence," Econometrica, Econometric Society, vol. 72(3), pages 963-977, May.
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    Cited by:

    1. Albers, Sönke, 2008. "Three Failed Attempts of Joint Rankings of Research in Economics and Business," MPRA Paper 12868, University Library of Munich, Germany, revised 16 Jan 2009.
    2. Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Economics Bulletin, AccessEcon, vol. 1(3), pages 1-6.
    3. Albers Sönke, 2009. "Misleading Rankings of Research in Business," German Economic Review, De Gruyter, vol. 10(3), pages 352-363, August.
    4. Carmen Herrero & Antonio Villar, 2013. "On the Comparison of Group Performance with Categorical Data," PLOS ONE, Public Library of Science, vol. 8(12), pages 1-7, December.
    5. J. Atsu Amegashie, 2020. "Citations And Incentives In Academic Contests," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1233-1244, July.
    6. Klaus Ritzberger, 2008. "Eine invariante Bewertung wirtschaftswissenschaftlicher Fachzeitschriften," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(3), pages 267-285, August.
    7. Albers, Sönke, 2009. "Discriminating Rankings of Research in Business," EconStor Preprints 24827, ZBW - Leibniz Information Centre for Economics.
    8. Ritzberger Klaus, 2009. "Misleading Rankings of Research in Business: A Reply," German Economic Review, De Gruyter, vol. 10(3), pages 364-367, August.
    9. Ritzberger Klaus, 2008. "A Ranking of Journals in Economics and Related Fields," German Economic Review, De Gruyter, vol. 9(4), pages 402-430, December.
    10. Klaus Ritzberger, 2009. "Misleading Rankings of Research in Business: A Reply -super-," German Economic Review, Verein für Socialpolitik, vol. 10, pages 364-367, August.

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    More about this item

    Keywords

    Journal Rankings; Invariant Method; Impossibility Result; Axiomatic Method;
    All these keywords.

    JEL classification:

    • A0 - General Economics and Teaching - - General

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