Munich Personal RePEc Archive

Evolution of social norms with heterogeneous preferences: A general model and an application to the academic review process

Azar, Ofer H. (2002): Evolution of social norms with heterogeneous preferences: A general model and an application to the academic review process. Forthcoming in: Journal of Economic Behavior & Organization

[img]
Preview
PDF
MPRA_paper_4482.pdf

Download (263kB) | Preview

Abstract

The article presents a model of social norm evolution, which suggests how the increase in optimal and actual first response times (FRT) of economics journals can be related. When the optimal FRT and the norm about how much time refereeing should take increase, it seems that the existence of a norm increases the average refereeing time. The model suggests the surprising result that this is not necessarily true. I also discuss applications of the model in other contexts, differences in the optimal FRT between disciplines, the effects of the FRT on the tenure process, and strategic behavior of referees.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.