nep-sog New Economics Papers
on Sociology of Economics
Issue of 2013‒02‒16
two papers chosen by
Jonas Holmström
Swedish School of Economics and Business Administration

  1. Does The John Bates Clark Medal Boost Subsequent Productivity And Citation Success? By Ho Fai Chan; Bruno S. Frey; Jana Gallus; Benno Torgler
  2. An Agent-based Model of Interdisciplinary Science and the Evolution of Scientific Research Networks By Dan Farhat

  1. By: Ho Fai Chan; Bruno S. Frey; Jana Gallus; Benno Torgler
    Abstract: Despite the social importance of awards, they have been largely disregarded by academic research in economics. This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients? subsequent research activity and status compared to a synthetic control group of non-recipient scholars with similar previous research performance. We find evidence of positive incentive and status effects that raise both productivity and citation levels.
    Keywords: Awards; Incentives; Research; John Bates Clark Medal; Synthetic control method
    JEL: A13 C23 M52
    Date: 2013–02
  2. By: Dan Farhat (Department of Economics, University of Otago, New Zealand)
    Abstract: This study proposes an agent-based model of the impact of research success on the structure of scientific communities. In the model, heterogeneous scientists scattered about a ‘social landscape’ influence each other through networking. Peer networks are allowed to change based on the accumulated achievements (or prestige) of researchers. The dynamics of these networks are illustrated. The framework is then adjusted to allow for interdisciplinary practices (modelled as network links to more distant peers on the social landscape). Separate disciplines are shown to collapse into a single, large scientific network. Managing growing research networks, therefore, becomes a concern.
    Keywords: Agent-based modelling, evolution of academic networks, interdisciplinary science, sociology of science
    JEL: A14 B49 Z13
    Date: 2013–01

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