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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Economists in the PITS?
Organization Unit
Authors
  • Bruno Frey
Language
  • English
Institution University of Zurich
Series Name Working paper series / Institute for Empirical Research in Economics
Number No. 406
ISSN 1424-0459
Date 2009
Abstract Text 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 for the vast majority this isnimpossible because there are few slots open in such journals. Such academic competition maybe useful to generate hard work, however, there may be serious negative consequences: the wrong output may be produced in an inefficient way, the wrong people may be selected,nand losers may react in a harmful way. This paper suggests several ways to remedy this situation.
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