Intellectual Influence: Quality Versus Quantity

24 Pages Posted: 23 Mar 2012 Last revised: 19 May 2012

See all articles by Laszlo A. Koczy

Laszlo A. Koczy

Hungarian Academy of Sciences (HAS) - Research Centre for Economic and Regional Studies (HAS); Quantitative Social and Management Sciences Research Group, Budapest University of Technology and Economics

Alexandru Nichifor

Department of Economics, Maastricht University

Date Written: March 6, 2012

Abstract

The evaluation of scientific output has a key role in the allocation of research funds and academic positions. Decisions are often based on quality indicators for academic journals and over the years a handful of scoring methods have been proposed for this purpose. Discussing the most prominent methods (de facto standards) we show that they do not distinguish quality from quantity at article level. The systematic bias we find is analytically tractable and implies that the methods are manipulable. We introduce modified methods that correct for this bias, and use them to provide rankings of economic journals. Our methodology is transparent; our results are replicable.

Keywords: Scoring, Ranking, Impact factor, Invariant method, LP method, Invariance to article-splitting, Economics journals classification, economic theorists

JEL Classification: A1, C8, D72, Y1

Suggested Citation

Koczy, Laszlo A. and Nichifor, Alexandru, Intellectual Influence: Quality Versus Quantity (March 6, 2012). Available at SSRN: https://ssrn.com/abstract=2026942 or http://dx.doi.org/10.2139/ssrn.2026942

Laszlo A. Koczy (Contact Author)

Hungarian Academy of Sciences (HAS) - Research Centre for Economic and Regional Studies (HAS) ( email )

Budaörsi 45
Budapest, H-1112
Hungary

HOME PAGE: http://www.mtakti.hu/en/kutatok/laszlo-a-koczy/276/

Quantitative Social and Management Sciences Research Group, Budapest University of Technology and Economics ( email )

Magyar Tudósok krt. 2.
Budapest, 1117
Hungary

HOME PAGE: http://qsms.mokk.bme.hu/index.php/koczy/

Alexandru Nichifor

Department of Economics, Maastricht University ( email )

Maastricht

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