| Abstract: |
Peer reviews and rankings today are the backbone of research governance, but
recently came under scrutiny. They take explicitly or implicitly agency theory
as a theoretical basis. The emerging psychological economics opens a new
perspective. As scholarly research is a mainly curiosity driven endeavor, we
include intrinsic motivation and supportive feedback by the peers as important
determinants of scholarly behavior. We discuss whether a stronger emphasis on
selection and socialization offers an alternative to the present regime of
academic rankings. |