| Abstract: |
In this paper, I analyze the ‘best paper’ prizes given by economics and
finance journals to the best article published in their journal in a given
year. More specifically, I compare the citations received by best paper
prize-winning papers to citations received by papers that are awarded runner
up prizes and to citations received by non-winning papers. In this way, I
evaluate to what extent the prize jury members are able to pick the papers
that are ‘best’ in terms of citations. The data show that the paper that gets
the ‘best paper’ prize, is rarely the most cited paper; is, in a small
majority of cases, cited more than the runner up papers and is, in most cases,
cited more than the median paper. |