Abstract
| Original language | English |
|---|---|
| Place of Publication | Tilburg |
| Publisher | Microeconomics |
| Number of pages | 32 |
| Volume | 2007-79 |
| Publication status | Published - 2007 |
Publication series
| Name | CentER Discussion Paper |
|---|---|
| Volume | 2007-79 |
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Keywords
- Academic Journals
- Academic Productivity
- Market Design. JEL codes
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An Auction Market for Journal Articles. / Prüfer, J.; Zetland, D.
Tilburg : Microeconomics, 2007. (CentER Discussion Paper; Vol. 2007-79).Research output: Working paper › Discussion paper › Other research output
TY - UNPB
T1 - An Auction Market for Journal Articles
AU - Prüfer, J.
AU - Zetland, D.
N1 - Subsequently published in Public Choice, 2010 Pagination: 32
PY - 2007
Y1 - 2007
N2 - Economic articles are published very slowly. We believe this results mainly from the poor incentives referees face. We recommend that an auction market replace the current system for submitting papers and demonstrate a strict Pareto-improvement of equilibrium. Besides the benefits of speed, this mechanism increases the average quality of articles and journals and rewards editors and referees for their effort. In addition, the "academic dollars" for papers sold at auction go to the authors, editors and referees of cited articles. This income indicates academic productivity (facilitating decisions on tenure and promotion); its recirculation to journals further stimulates quality competition.
AB - Economic articles are published very slowly. We believe this results mainly from the poor incentives referees face. We recommend that an auction market replace the current system for submitting papers and demonstrate a strict Pareto-improvement of equilibrium. Besides the benefits of speed, this mechanism increases the average quality of articles and journals and rewards editors and referees for their effort. In addition, the "academic dollars" for papers sold at auction go to the authors, editors and referees of cited articles. This income indicates academic productivity (facilitating decisions on tenure and promotion); its recirculation to journals further stimulates quality competition.
KW - Academic Journals
KW - Academic Productivity
KW - Market Design. JEL codes
M3 - Discussion paper
VL - 2007-79
T3 - CentER Discussion Paper
BT - An Auction Market for Journal Articles
PB - Microeconomics
CY - Tilburg
ER -