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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/26639
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| Title: | | Economists in the PITS?  |
| 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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