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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 ISSN 0048-7333.

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Official URL: https://doi.org/10.1016/j.respol.2019.103869

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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
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:
DateEvent
February 2020Published
23 October 2019Available
9 September 2019Accepted
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
Date of first compliant deposit: 17 September 2019
Date of first compliant Open Access: 23 April 2021
RIOXX Funder/Project Grant:
Project/Grant IDRIOXX Funder NameFunder ID
UNSPECIFIED[ESRC] Economic and Social Research Councilhttp://dx.doi.org/10.13039/501100000269
UNSPECIFIEDUniversity of Warwickhttp://dx.doi.org/10.13039/501100000741
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