Economists in the PITS?

Bruno Frey

CREMA Working Paper Series from Center for Research in Economics, Management and the Arts (CREMA)

Abstract: Academic economists today are caught in a "Publication Impossibility Theorem System" or PITS. In order to further their careers, they are required to publish in A-journals, but for the vast majority this is impossible because there are few slots open for them 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, and losers may react in a harmful way. This article suggests several ways to remedy this situation.

Keywords: Academia; Economists; Publication; Journals; Incentives; Economic methodology (search for similar items in EconPapers)
JEL-codes: A1 D02 I23 (search for similar items in EconPapers)
Date: 2009-12
New Economics Papers: this item is included in nep-hpe, nep-ipr, nep-pr~, nep-pke and nep-sog
References: Add references at CitEc
Citations: View citations in EconPapers (28)

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Related works:
Journal Article: Economists in the PITS? (2009)
Working Paper: Economists in the PITS? (2009)
Working Paper: Economists in the PITS? (2009)
Working Paper: Economists in the PITS? (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:cra:wpaper:2009-29

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