Peer Review versus Citations - An Analysis of Best Paper Prizes
In this paper, I analyze the ‘best paper’ prizes given by economics and finance journals to the best article published in their journal in a given year. More specifically, I compare the citations received by best paper prize-winning papers to citations received by papers that are awarded runner up prizes and to citations received by non-winning papers. In this way, I evaluate to what extent the prize jury members are able to pick the papers that are ‘best’ in terms of citations. The data show that the paper that gets the ‘best paper’ prize, is rarely the most cited paper; is, in a small majority of cases, cited more than the runner up papers and is, in most cases, cited more than the median paper.
|Date of creation:||Jun 2010|
|Note:||Submitted to Economic Journal|
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- Glenn Ellison, 2000.
"Evolving Standards for Academic Publishing: A q-r Theory,"
NBER Working Papers
7805, National Bureau of Economic Research, Inc.
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- Joshua S. Gans & George B. Shepherd, 1994. "How Are the Mighty Fallen: Rejected Classic Articles by Leading Economists," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 165-179, Winter.
- Blank, Rebecca M, 1991. "The Effects of Double-Blind versus Single-Blind Reviewing: Experimental Evidence from The American Economic Review," American Economic Review, American Economic Association, vol. 81(5), pages 1041-1067, December.
- Broder, Ivy E, 1993. "Professional Achievements and Gender Differences among Academic Economists," Economic Inquiry, Western Economic Association International, vol. 31(1), pages 116-127, January.
- Bornmann, Lutz & Marx, Werner & Schier, Hermann & Rahm, Erhard & Thor, Andreas & Daniel, Hans-Dieter, 2009. "Convergent validity of bibliometric Google Scholar data in the field of chemistry—Citation counts for papers that were accepted by Angewandte Chemie International Edition or rejected but published els," Journal of Informetrics, Elsevier, vol. 3(1), pages 27-35.
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