EconPapers    
Economics at your fingertips  
 

How Should Peer-Review Panels Behave?

Daniel Sgroi and Andrew Oswald

No 7024, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Many governments wish to assess the quality of their universities. A prominent example is the UK's new Research Excellence Framework (REF) 2014. In the REF, peer-review panels will be provided with information on publications and citations. This paper suggests a way in which panels could choose the weights to attach to these two indicators. The analysis draws in an intuitive way on the concept of Bayesian updating (where citations gradually reveal information about the initially imperfectly-observed importance of the research). Our study should not be interpreted as the argument that only mechanistic measures ought to be used in a REF.

Keywords: REF 2014 (Research Excellence Framework); Bayesian methods; bibliometrics; university evaluation; RAE Research Assessment Exercise 2008; citations (search for similar items in EconPapers)
JEL-codes: I23 C11 O30 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-sog
Date: 2012-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Published in: Economic Journal, 2013, 123 (570), F255-F278

Downloads: (external link)
http://ftp.iza.org/dp7024.pdf (application/pdf)

Related works:
Journal Article: How Should Peer‐review Panels Behave? (2013) Downloads
Working Paper: How Should Peer-Review Panels Behave? (2012) Downloads
Working Paper: How Should Peer-Review Panels Behave? (2012) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp7024

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().

 
Page updated 2019-11-12
Handle: RePEc:iza:izadps:dp7024