Your Right Arm for a Publication in AER?

Attema, Arthur E.; Brouwer, Werner; van Exel, Job

doi:10.2139/ssrn.1997122

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Your Right Arm for a Publication in AER?

19 Pages Posted: 2 Feb 2012 Last revised: 17 Feb 2012

See all articles by Arthur E. Attema

Werner Brouwer

Erasmus University Rotterdam (EUR) - Erasmus Medical Center (MC)

Job van Exel

Erasmus University Rotterdam (EUR) - Department of Health Policy & Management

Date Written: February 17, 2012

Abstract

The time tradeoff (TTO) method is popular in medical decision making for valuing health states. We use it to elicit economists’ preferences for publishing in top economic journals and living without limbs. The economists value the journals highly, and have a clear preference between them, with American Economic Review (AER) the most preferred. Their responses imply they would sacrifice more than half a thumb for publishing in AER. The TTO results are consistent with ranking and willingness to pay results, and indicate that preferences for journals are neither guided by influence factors, nor by expectations of a resulting salary rise.

Keywords: Utility Measurement, Time Tradeoff, Willingness to pay, Publications

JEL Classification: A10, B41, I10

Suggested Citation: Suggested Citation

Attema, Arthur E. and Brouwer, Werner and van Exel, Job, Your Right Arm for a Publication in AER? (February 17, 2012). Available at SSRN: https://ssrn.com/abstract=1997122 or http://dx.doi.org/10.2139/ssrn.1997122