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The Measurement of Intellectual Influence: the Views of a Sceptic

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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.
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Suggested Citation

  • Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Working Papers 2004-02, Brown University, Department of Economics.
    • Handle: RePEc:bro:econwp:2004-02
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    as
    1. Ignacio Palacios-Huerta & Oscar Volij, 2004. "The Measurement of Intellectual Influence," Econometrica, Econometric Society, vol. 72(3), pages 963-977, May.
    2. Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Economics Bulletin, AccessEcon, vol. 1(3), pages 1-6.
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    Cited by:

    1. Albers, Sönke, 2009. "Discriminating Rankings of Research in Business," EconStor Preprints 24827, ZBW - Leibniz Information Centre for Economics.
    2. Ritzberger Klaus, 2008. "A Ranking of Journals in Economics and Related Fields," German Economic Review, De Gruyter, vol. 9(4), pages 402-430, December.
    3. J. Atsu Amegashie, 2020. "Citations And Incentives In Academic Contests," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1233-1244, July.
    4. Albers Sönke, 2009. "Misleading Rankings of Research in Business," German Economic Review, De Gruyter, vol. 10(3), pages 352-363, August.
    5. 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.
    6. Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Economics Bulletin, AccessEcon, vol. 1(3), pages 1-6.
    7. Ritzberger Klaus, 2009. "Misleading Rankings of Research in Business: A Reply," German Economic Review, De Gruyter, vol. 10(3), pages 364-367, August.
    8. Klaus Ritzberger, 2008. "Eine invariante Bewertung wirtschaftswissenschaftlicher Fachzeitschriften," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(3), pages 267-285, August.
    9. 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.
    10. repec:bla:germec:v:10:y:2009:i::p:364-367 is not listed on IDEAS

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    JEL classification:

    • A0 - General Economics and Teaching - - General
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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