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Title:Economists in the PITS? PDF Logo
Authors:Frey, Bruno S.
Issue Date:2009
Series/Report no.:CESifo working paper 2594
Abstract:Academic economists today are caught in a Publication Impossibility Theorem System” or PITS. To further their careers, they are required to publish in A-journals, but this is impossible for the vast majority because there are few slots open in such journals. Such academic competition is held to provide the right incentives for hard work, but there may be serious negative consequences: the wrong output may be produced in an inefficient way, the wrong people may be selected, and the losers may react in a harmful way. The paper suggests several ways for improvement.
Subjects:Academia
economists
publication
journals
incentives
economic methodology
JEL:A1
D02
I23
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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