The Measurement of Intellectual Influence: the Views of a Sceptic

Roberto Serrano

No 40, Economics Working Papers from Institute for Advanced Study, School of Social Science

Abstract: In an extremely interesting paper, Palacios-Huerta and Volij (2004) [PV] introduce the axiomatic method to the problem of how to rank academic journals on the basis of their mutual citations. They characterize the invariant method as the only one satisfying a list of five appealing properties. In this note, I show an impossibility result, by identifying a sixth property that is violated by the invariant method. Further, I question the appeal of the PV axioms, when applied over larger domains of problems that take into account making distinctions among types of citations.

Keywords: Journal Rankings; Invariant Method; Impossibility Result; Axiomatic Method (search for similar items in EconPapers)
JEL-codes: A0 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2004-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Journal Article: The Measurement of Intellectual Influence: the Views of a Sceptic (2004)
Working Paper: The Measurement of Intellectual Influence: the Views of a Sceptic (2004)
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