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
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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.
Item Type: | MPRA Paper |
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Institution: | Ben-Gurion University of the Negev |
Original Title: | Evolution of social norms with heterogeneous preferences: A general model and an application to the academic review process |
Language: | English |
Keywords: | social norms; evolution; first response times; refereeing; academic publishing; turnaround times; journals; review process |
Subjects: | L - Industrial Organization > L8 - Industry Studies: Services > L82 - Entertainment ; Media Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification A - General Economics and Teaching > A1 - General Economics > A14 - Sociology of Economics A - General Economics and Teaching > A1 - General Economics > A10 - General I - Health, Education, and Welfare > I2 - Education and Research Institutions > I23 - Higher Education ; Research Institutions |
Item ID: | 4482 |
Depositing User: | Ofer Azar |
Date Deposited: | 15 Aug 2007 |
Last Modified: | 28 Sep 2019 04:57 |
References: | Azar, Ofer H. (2004a): “Rejections and the Importance of First Response Times,” International Journal of Social Economics, 31(3), 259−274. Azar, Ofer H. (2004b): “The Slowdown in First-Response Times of Economics Journals: Can it be Beneficial?” Working paper, Department of Economics, Northwestern University. Azar, Ofer H. (2004c): “What Sustains Social Norms and How They Evolve? The Case of Tipping,” Journal of Economic Behavior and Organization, 54(1), 49−64. Azar, Ofer H. (2005): "The Review Process in Economics: Is It Too Fast?" Southern Economic Journal, 72(2), 482−491. Azar, Ofer H. (2006): "The Academic Review Process: How Can We Make it More Efficient?" American Economist, forthcoming. Bergstrom, Theodore C. (2001): “Free Labor for Costly Journals?” Journal of Economic Perspectives, 15(3), 183−198. Champernowne, D. G., P. M. Deane and W. B. Reddaway (1973): “The Economic Journal: Note by the Editors,” The Economic Journal, 83(330), 495504. Chang, Juin-Jen, and Ching-Chong Lai (2001): “Is it Worthwhile to Pay Referees?” Southern Economic Journal, 68(2), 457463. Ellison, Glenn (2002a): “The Slowdown of the Economics Publishing Process,” Journal of Political Economy, 110(5), 947993. Ellison, Glenn (2002b): “Evolving Standards for Academic Publishing: A q-r Theory,” Journal of Political Economy, 110(5), 9941034. Elton, Edwin J., and Martin J. Gruber (1987): “Report of the Managing Editors of the Journal of Finance for 1986,” Journal of Finance, 42(3), 805808. Engers, Maxim, and Joshua S. Gans (1998): “Why Referees are not Paid (Enough),” American Economic Review, 88(5), 13411349. Hamermesh, Daniel S. (1994): “Facts and Myths about Refereeing,” The Journal of Economic Perspectives, 8(1), 153163. Laband, David N. (1990): “Is there Value-Added from the Review Process in Economics?: Preliminary Evidence from Authors,” Quarterly Journal of Economics, 105(2), 341352. Marshall, Howard D. (1959): “Publication Policies of the Economic Journals,” American Economic Review, 49(1), 133138. Mccabe, Mark J. (2002): “Journal Pricing and Mergers: A Portfolio Approach,” American Economic Review, 92(1), 259−269. Sethi, Rajiv (1996): “Evolutionary Stability and Social Norms,” Journal of Economic Behavior and Organization, 29(1), 113140. Sethi, Rajiv, and Somanathan, E. (1996): “The Evolution of Social Norms in Common Property Resource Use,” American Economic Review, 86(4), 766788. Shepherd, George B. (1995): Rejected: Leading Economists Ponder the Publication Process. Sun Lakes, Arizona: Thomas Horton and Daughters. Thomson, William (2001): A Guide for the Young Economist: Writing and Speaking Effectively about Economics. Cambridge, Massachusetts: The MIT Press. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/4482 |