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Academic rankings and research governance

Margit Osterloh and Bruno Frey

No 482, IEW - Working Papers from Institute for Empirical Research in Economics - University of Zurich

Abstract: Academic rankings today are the backbone of research governance, which seem to fit the aims of �new public management� on the one side and the idea of the �republic of science� on the other side. Nevertheless rankings recently came under scrutiny. We discuss advantages and disadvantages of academic rankings, in particular their unintended negative consequences on the research process. To counterbalance these negative consequences we suggest (a) rigorous selection and socialization, and (b) downplaying the impact of rankings in order to reconcile academic self-governance with accountability to the public.

Keywords: Peer reviews; rankings; research governance; psychological economics; new public management; economics of science; control theory (search for similar items in EconPapers)
JEL-codes: H52 H83 I23 J44 L38 (search for similar items in EconPapers)
Date: 2010-03
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Working Paper: Academic Rankings and Research Governance (2010) Downloads
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