The Measurement of Intellectual Influence
We examine the problem of measuring influence based on the information contained in the data on the communications between scholarly publications, judicial decisions, patents, web pages, and other entities. The measurement of influence is useful to address several empirical questions such as reputation, prestige, aspects of the diffusion of knowledge, the markets for scientists and scientific publications, the dynamics of innovation, ranking algorithms of search engines in the World Wide Web, and others. In this paper we ask why any given methodology is reasonable and informative applying the axiomatic method. We find that a unique ranking method can be characterized by means of five axioms: anonymity, invariance to citation intensity, weak homogeneity, weak consistency, and invariance to splitting of journals. This method is easily implementable and turns out to be different from those regularly used in social and natural sciences, arts and humanities, and computer science.
|Date of creation:||26 Apr 2002|
|Date of revision:|
|Publication status:||Published in Econometrica, 72, (2004), 963-977.|
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- Stigler, George J & Stigler, Stephen M & Friedland, Claire, 1995. "The Journals of Economics," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 331-59, April.
- Bush, Winston C & Hamelman, Paul W & Staaf, Robert J, 1974. "A Quality Index for Economic Journals," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 123-25, February.
- Sauer, Raymond D, 1988. "Estimates of the Returns to Quality and Coauthorship in Economic Academia," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 855-66, August.
- Laband, David N & Piette, Michael J, 1994. "Favoritism versus Search for Good Papers: Empirical Evidence Regarding the Behavior of Journal Editors," Journal of Political Economy, University of Chicago Press, vol. 102(1), pages 194-203, February.
- David N. Laband & Robert D. Tollison, 2000. "Intellectual Collaboration," Journal of Political Economy, University of Chicago Press, vol. 108(3), pages 632-661, June.
- Glenn Ellison, 2000.
"The Slowdown of the Economics Publishing Process,"
NBER Working Papers
7804, National Bureau of Economic Research, Inc.
- Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 77-88, March.
- AMIR, Rabah, 2002. "Impact-adjusted citations as a measure of journal quality," CORE Discussion Papers 2002074, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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