IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/halshs-00632171.html

Piecework versus merit pay: a Mean Fi eld Game approach to academic behavior

Author

Listed:
  • Damien Besancenot

    (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Michel Courtault

    (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)

  • Khaled El Dika

    (LAGA - Laboratoire Analyse, Géométrie et Applications - UP8 - Université Paris 8 - UP13 - Université Paris 13 - Institut Galilée - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper applies the Mean Fi eld Game approach pioneered by Lasry and Lions (2007) to the analysis of the researchers' academic productivity. It provides a theoretical motivation for the stability of the universaly observed Lotka's law. It shows that a remuneration scheme taking into account the researchers rank with respect to the academic resume can induce a larger number of researchers to overtake a minimal production standard. It thus appears as superior to piecework remuneration.

Suggested Citation

  • Damien Besancenot & Jean-Michel Courtault & Khaled El Dika, 2011. "Piecework versus merit pay: a Mean Fi eld Game approach to academic behavior," Working Papers halshs-00632171, HAL.
    • Handle: RePEc:hal:wpaper:halshs-00632171
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00632171v1
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-00632171v1/document
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Chung, Kee H & Cox, Raymond A K, 1990. "Patterns of Productivity in the Finance Literature: A Study of the Bibliometric Distributions," Journal of Finance, American Finance Association, vol. 45(1), pages 301-309, March.
    2. repec:bla:jfinan:v:53:y:1998:i:1:p:351-363 is not listed on IDEAS
    3. Combes, Pierre-Philippe & Linnemer, Laurent & Visser, Michael, 2008. "Publish or peer-rich? The role of skills and networks in hiring economics professors," Labour Economics, Elsevier, vol. 15(3), pages 423-441, June.
    4. Xavier Gabaix, 2009. "Power Laws in Economics and Finance," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 255-294, May.
    5. Khan, M. Ali & Sun, Yeneng, 2002. "Non-cooperative games with many players," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 3, chapter 46, pages 1761-1808, Elsevier.
    6. Jean-Michel Courtault & Eric Rimbaux & Tong Zhu, 2010. "De la réputation scientifique et de sa mesure," Revue française d'économie, Presses de Sciences-Po, vol. 0(3), pages 185-230.
    7. Courtault, Jean-Michel & Hayek, Naïla & Rimbaux, Eric & Zhu, Tong, 2010. "Research in economics and management in France: A bibliometric study using the h-index," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(2), pages 329-337, April.
    8. Arthur M. Diamond Jr., 1986. "What is a Citation Worth?," Journal of Human Resources, University of Wisconsin Press, vol. 21(2), pages 200-215.
    9. repec:adr:anecst:y:2001:i:62:p:02 is not listed on IDEAS
    10. Groot, Tom & Garcia-Valderrama, Teresa, 2006. "Research quality and efficiency: An analysis of assessments and management issues in Dutch economics and business research programs," Research Policy, Elsevier, vol. 35(9), pages 1362-1376, November.
    11. Louis Lévy-Garboua, 2008. "Rapport sur le premier concours national d'agrégation de l'enseignement supérieur pour le recrutement de Professeurs des Universités en Sciences Economiques (Année 2007-2008)," Revue d'économie politique, Dalloz, vol. 118(5), pages 603-623.
    12. Dubois, Pierre & Rochet, Jean-Charles & Schlenker, Jean-Marc, 2010. "What Does It Take to Become a Good Mathematician?," TSE Working Papers 10-160, Toulouse School of Economics (TSE).
    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. is not listed on IDEAS
    2. Damien Besancenot & Habib Dogguy, 2015. "Paradigm Shift: A Mean Field Game Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 67(3), pages 289-302, July.

    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. repec:hal:cepnwp:halshs-00632171 is not listed on IDEAS
    2. Jean-Yves Lesueur, 2010. "La production scientifique des enseignants-chercheurs en économie : Quelques résultats économétriques issus du dispositif PES," Working Papers 1030, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon.
    3. Mareva Sabatier & Christine Musselin & Frédérique Pigeyre, 2015. "Devenir professeur des universités. Une comparaison sur trois disciplines (1976-2007)," Revue économique, Presses de Sciences-Po, vol. 66(1), pages 37-63.
    4. Clément Bosquet & Pierre-Philippe Combes, 2013. "Are academics who publish more also more cited? Individual determinants of publication and citation records," Scientometrics, Springer;Akadémiai Kiadó, vol. 97(3), pages 831-857, December.
    5. Bruno S. Frey & Katja Rost, 2010. "Do rankings reflect research quality?," Journal of Applied Economics, Universidad del CEMA, vol. 13, pages 1-38, May.
    6. Damien Besancenot & Kim Van Huynh & Francisco Serranito, 2015. " Thou shalt not work alone ," Working Papers hal-01175758, HAL.
    7. Besancenot, Damien & Huynh, Kim & Serranito, Francisco, 2017. "Co-authorship and research productivity in economics: Assessing the assortative matching hypothesis," Economic Modelling, Elsevier, vol. 66(C), pages 61-80.
    8. repec:hal:cepnwp:hal-01175758 is not listed on IDEAS
    9. Abduraimova, Kumushoy, 2022. "Contagion and tail risk in complex financial networks," Journal of Banking & Finance, Elsevier, vol. 143(C).
    10. Yukiko SAITO, 2013. "Role of Hub Firms in Geographical Transaction Network," Discussion papers 13080, Research Institute of Economy, Trade and Industry (RIETI).
    11. Ma, Chao & Li, Yiwei & Guo, Feng & Si, Kao, 2019. "The citation trap: Papers published at year-end receive systematically fewer citations," Journal of Economic Behavior & Organization, Elsevier, vol. 166(C), pages 667-687.
    12. Carmona, Guilherme, 2008. "Large games with countable characteristics," Journal of Mathematical Economics, Elsevier, vol. 44(3-4), pages 344-347, February.
    13. Ross Richardson & Matteo G. Richiardi & Michael Wolfson, 2015. "We ran one billion agents. Scaling in simulation models," LABORatorio R. Revelli Working Papers Series 142, LABORatorio R. Revelli, Centre for Employment Studies.
    14. Harmenberg, Karl, 2024. "A simple theory of Pareto-distributed earnings," Economics Letters, Elsevier, vol. 234(C).
    15. Chen, Zhimin & Ibragimov, Rustam, 2019. "One country, two systems? The heavy-tailedness of Chinese A- and H- share markets," Emerging Markets Review, Elsevier, vol. 38(C), pages 115-141.
    16. Kwame Boamah‐Addo & Tomasz J. Kozubowski & Anna K. Panorska, 2023. "A discrete truncated Zipf distribution," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 77(2), pages 156-187, May.
    17. A. B. Atkinson, 2017. "Pareto and the Upper Tail of the Income Distribution in the UK: 1799 to the Present," Economica, London School of Economics and Political Science, vol. 84(334), pages 129-156, April.
    18. Robert M. Anderson & Haosui Duanmu & M. Ali Khan & Metin Uyanik, 2022. "Walrasian equilibrium theory with and without free-disposal: theorems and counterexamples in an infinite-agent context," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 387-412, April.
    19. Currie, Russell R. & Pandher, Gurupdesh S., 2011. "Finance journal rankings and tiers: An Active Scholar Assessment methodology," Journal of Banking & Finance, Elsevier, vol. 35(1), pages 7-20, January.
    20. Polanski, Arnold & Stoja, Evarist, 2017. "Forecasting multidimensional tail risk at short and long horizons," International Journal of Forecasting, Elsevier, vol. 33(4), pages 958-969.
    21. Paulo Ferreira & Éder J.A.L. Pereira & Hernane B.B. Pereira, 2020. "From Big Data to Econophysics and Its Use to Explain Complex Phenomena," JRFM, MDPI, vol. 13(7), pages 1-10, July.
    22. Taiji Furusawa & Hideo Konishi & Duong Lam Anh Tran, 2020. "International Trade and Income Inequality," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(3), pages 993-1026, July.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:hal:wpaper:halshs-00632171. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.