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On the influence of rankings

Author

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  • Gabrielle Demange

    (PSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

Abstract

Ranking systems are becoming increasingly important in many areas, in the Web environment and academic life for instance. In a world with a tremendous amount of choices, rankings play the crucial role of influencing which objects are 'tasted' or selected. This selection generates a feedback when the ranking is based on citations, as is the case for the widely used invariant method. The selection affects new stated opinions (citations), which will, in turn, affect next ranking. The purpose of this paper is to investigate this feedback in the context of journals by studying some simple but reasonable dynamics. Our main interest is on the long run behavior of the process and how it depends on the preferences, in particular on their diversity. We show that multiple long run behavior may arise due to strong self enforcing mechanisms at work with the invariant method. These effects are not present in a simple search model in which individuals are influenced by the cites of the papers they first read.

Suggested Citation

  • Gabrielle Demange, 2011. "On the influence of rankings," PSE Working Papers halshs-00589657, HAL.
    • Handle: RePEc:hal:psewpa:halshs-00589657
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00589657v1
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    1. Du, Ye & Lehrer, Ehud & Pauzner, Ady, 2015. "Competitive economy as a ranking device over networks," Games and Economic Behavior, Elsevier, vol. 91(C), pages 1-13.

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