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Rational randomization by journal editors : a mathematical derivation
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Oswald, Andrew J. (2020) Rational randomization by journal editors : a mathematical derivation. Research Policy, 49 (1). 103869. doi:10.1016/j.respol.2019.103869
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Official URL: https://doi.org/10.1016/j.respol.2019.103869
Abstract
Should journal editors and grant-giving bodies ever make use of random-draw mechanisms to make their final decisions? This short Note argues that the answer is yes. It describes a mathematical rationale for such randomization. Put intuitively, random draw should be used when the gains from the acceptance of unorthodox path-breaking papers outweigh the costs of publishing the unorthodox poor papers. The mathematical case for this rests on an averaging argument and requires ‘convexity’ (of scientific influence) in a sense explained in the Note. The long-observed skewness of citations distributions is consistent with such convexity. Hence this Note attempts to offer a conceptual and practical addendum to the potentially important randomization proposal of Margit Osterloh and Bruno Frey (2020).
| Item Type: | Journal Article | |||||||||
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| Subjects: | Z Bibliography. Library Science. Information Resources > Z004 Books. Writing. Paleography | |||||||||
| Divisions: | Faculty of Social Sciences > Economics | |||||||||
| Library of Congress Subject Headings (LCSH): | Scholarly publishing, Periodicals -- Publishing, Bibliographical citations | |||||||||
| Journal or Publication Title: | Research Policy | |||||||||
| Publisher: | Elsevier BV | |||||||||
| ISSN: | 0048-7333 | |||||||||
| Official Date: | February 2020 | |||||||||
| Dates: |
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| Date of first compliant deposit: | 17 September 2019 | |||||||||
| Date of first compliant Open Access: | 23 April 2021 | |||||||||
| Volume: | 49 | |||||||||
| Number: | 1 | |||||||||
| Article Number: | 103869 | |||||||||
| DOI: | 10.1016/j.respol.2019.103869 | |||||||||
| Status: | Peer Reviewed | |||||||||
| Publication Status: | Published | |||||||||
| Access rights to Published version: | Restricted or Subscription Access | |||||||||
| RIOXX Funder/Project Grant: |
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