Arbeitspapier

Economists in the PITS?

Academic economists today are caught in a ?Publication Impossibility Theorem System? or PITS. To further their careers, they are required to publish in A-journals, but this is impossible for the vast majority because there are few slots open in such journals. Such academic competition is held to provide the right incentives for hard work, but there may be serious negative consequences: the wrong output may be produced in an inefficient way, the wrong people may be selected, and the losers may react in a harmful way. The paper suggests several ways for improvement.

Language
Englisch

Bibliographic citation
Series: CREMA Working Paper ; No. 2009-05

Classification
Wirtschaft
Institutions: Design, Formation, Operations, and Impact
Higher Education; Research Institutions
Subject
Academia
economists
publication
journals
incentives
economic methodology

Event
Geistige Schöpfung
(who)
Frey, Bruno S.
Event
Veröffentlichung
(who)
Center for Research in Economics, Management and the Arts (CREMA)
(where)
Basel
(when)
2009

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Frey, Bruno S.
  • Center for Research in Economics, Management and the Arts (CREMA)

Time of origin

  • 2009

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