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Evolution of social norms with heterogeneous preferences: A general model and an application to the academic review process

  • Azar, Ofer H.

The article presents a model of social norm evolution, which suggests how the increase in optimal and actual first response times (FRT) of economics journals can be related. When the optimal FRT and the norm about how much time refereeing should take increase, it seems that the existence of a norm increases the average refereeing time. The model suggests the surprising result that this is not necessarily true. I also discuss applications of the model in other contexts, differences in the optimal FRT between disciplines, the effects of the FRT on the tenure process, and strategic behavior of referees.

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File URL: http://mpra.ub.uni-muenchen.de/4482/1/MPRA_paper_4482.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 4482.

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Date of creation: 2002
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Handle: RePEc:pra:mprapa:4482
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  1. Ofer H. Azar, 2005. "The Academic Review Process: How Can We Make it More Efficient?," General Economics and Teaching 0502069, EconWPA.
  2. Bergstrom, Ted, 2001. "Free Labor for Costly Journals?," University of California at Santa Barbara, Economics Working Paper Series qt5jc0893p, Department of Economics, UC Santa Barbara.
  3. Thomson, William, 2011. "A Guide for the Young Economist," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262016168, June.
  4. Sethi, Rajiv, 1996. "Evolutionary stability and social norms," Journal of Economic Behavior & Organization, Elsevier, vol. 29(1), pages 113-140, January.
  5. Daniel S. Hamermesh, 1994. "Facts and Myths about Refereeing," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 153-163, Winter.
  6. Ofer H. Azar, 2005. "The Review Process in Economics: Is It Too Fast?," Southern Economic Journal, Southern Economic Association, vol. 72(2), pages 482–491, October.
  7. Glenn Ellison, 2000. "Evolving Standards for Academic Publishing: A q-r Theory," NBER Working Papers 7805, National Bureau of Economic Research, Inc.
  8. Engers, Maxim & Gans, Joshua S, 1998. "Why Referees Are Not Paid (Enough)," American Economic Review, American Economic Association, vol. 88(5), pages 1341-49, December.
  9. Ofer H. Azar, 2004. "Rejections and the importance of first response times," International Journal of Social Economics, Emerald Group Publishing, vol. 31(3), pages 259-274, March.
  10. Laband, David N, 1990. "Is There Value-Added from the Review Process in Economics? Preliminary Evidence from Authors," The Quarterly Journal of Economics, MIT Press, vol. 105(2), pages 341-52, May.
  11. Mark J. McCabe, 2002. "Journal Pricing and Mergers: A Portfolio Approach," American Economic Review, American Economic Association, vol. 92(1), pages 259-269, March.
  12. Ofer H. Azar, 2003. "What sustains social norms and how they evolve? The case of tipping," Others 0309001, EconWPA.
  13. Glenn Ellison, 2000. "The Slowdown of the Economics Publishing Process," NBER Working Papers 7804, National Bureau of Economic Research, Inc.
  14. Ofer H. Azar, 2007. "The Slowdown In First-Response Times Of Economics Journals: Can It Be Beneficial?," Economic Inquiry, Western Economic Association International, vol. 45(1), pages 179-187, 01.
  15. Sethi, Rajiv & Somanathan, E, 1996. "The Evolution of Social Norms in Common Property Resource Use," American Economic Review, American Economic Association, vol. 86(4), pages 766-88, September.
  16. Juin-jen Chang & Ching-chong Lai, 2001. "Is It Worthwhile to Pay Referees?," Southern Economic Journal, Southern Economic Association, vol. 68(2), pages 457-463, October.
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