nep-sog New Economics Papers
on Sociology of Economics
Issue of 2015‒12‒20
five papers chosen by
Jonas Holmström
Axventure AB

  1. Does science advance one funeral at a time? By Pierre Azoulay; Christian Fons-Rosen; Joshua S. Graff Zivin
  2. On Publication, Refereeing, and Working Hard By Sascha Baghestanian; Sergey V. Popov
  3. Flipping Journals to Open: Rethinking Publishing Infrastructure By Benedikt Fecher; Gert G. Wagner
  4. First vs. second generation Islamic economists: Deviations and differences in thoughts By Islahi, Abdul Azim
  5. Journal Rankings and the Sustainability of Diversity in Accounting Research. By Palea, Vera

  1. By: Pierre Azoulay; Christian Fons-Rosen; Joshua S. Graff Zivin
    Abstract: We study the extent to which eminent scientists shape the vitality of their fields by examining entry rates into the fields of 452 academic life scientists who pass away while at the peak of their scientific abilities. Key to our analyses is a novel way to delineate boundaries around scientific fields by appealing solely to intellectual linkages between scientists and their publications, rather than collaboration or co-citation patterns. Consistent with previous research, the flow of articles by collaborators into affected fields decreases precipitously after the death of a star scientist (relative to control fields). In contrast, we find that the flow of articles by non-collaborators increases by 8% on average. These additional contributions are disproportionately likely to be highly cited. They are also more likely to be authored by scientists who were not previously active in the deceased superstar's field. Overall, these results suggest that outsiders are reluctant to challenge leadership within a field when the star is alive and that a number of barriers may constrain entry even after she is gone. Intellectual, social, and resource barriers all impede entry, with outsiders only entering subfields that offer a less hostile landscape for the support and acceptance of "foreign" ideas.
    Keywords: economics of science, scientific fields, superstars, invisible college, cumulative knowledge production.
    Date: 2015–12
  2. By: Sascha Baghestanian; Sergey V. Popov
    Abstract: We present a model for academia with heterogeneous author types and endogenous effort to explain changes in the publication process in Economics. We analyze the implications of these developments on research output. Lowering the precision of refereeing signals lowers effort choices of golden middle authors, but invites more submissions from less able authors. Increasing the number of journals stimulates less able authors to submit their papers. The editor can improve the journal’s quality pool of submitted manuscripts by improving the precision of refereeing, but not by lowering acceptance standards. The submission strategy of an author is informative of his ability.
    Keywords: Academia, Publishing, Effort, Refereeing, Journals
    JEL: I23
    Date: 2014–10
  3. By: Benedikt Fecher; Gert G. Wagner
    Abstract: Open access means that research outputs, such as articles and data, are free of restrictions on access and free of restrictions on use. In the light of recent market developments in academic publishing, we argue in this essay that the discourse about open access must include a discussion about research infrastructure and innovation in academic publishing.
    Keywords: Open access, innovation, research infrastructure, science policy
    JEL: D02 H41 L17 Z13
    Date: 2015
  4. By: Islahi, Abdul Azim
    Abstract: The present paper proposes to study differences in thoughts of the first vs. second generation Islamic economists, during the past forty years. It will also investigate deviations that occurred in thought and practice in this period. But first it will try to determine the basis of differentiation between the two generations and their distinguishing features. For our study purpose, we regard as the first generation those scholars who started writing on the subject of Islamic economics between 1950 to 1975, a period highly unfriendly if not hostile to the idea of economics with Islamic perspective. This phase culminated at the organization of the first international conference on Islamic economics by King Abdulaziz University in the Holy city of Islam – Makkah Mukarramah. A new era started after the conference, in terms of the establishment of research and study centers, issue of specialized journals, enrolment to Ph. D. courses, foundation of study departments, set up of financial institutions, organization of conferences and seminars, award of prizes, and creation of employment opportunities. It also attracted attention of some non-Muslim economists. Thus, those who joined the movement of Islamic economics after this conference will be considered as the second generation. In its concluding remarks, the paper would suggest certain steps that could be taken to bridge the gaps, minimize the difference, and train the new generation.
    Keywords: Modern history of Islamic economics; Gaps in Islamic economics; Tawhidi economics; Spiritual Economics; “Financialization” of Islamic Economics; Future of Islamic Economics.
    JEL: B2 B21 B29 Z1
    Date: 2013
  5. By: Palea, Vera (University of Turin)
    Abstract: “Whither Accounting Research?” is the question raised by Hopwood (2007) in an essay documenting a growing sense of unease about the state and direction of accounting research. A number of critical studies have highlighted a detrimental tendency in academia, that is the excessive spread of performance measurement practices and the flow of superficiality and conformity they consolidate (e.g. Gendron, 2008; Gendron 2015; Parker, 2011; Pelger and Grottke, 2015). Too much intellectual inquiry operates within academic parameters that have limited the development of research relevant to society. The purpose of this paper is to discuss the causes that have led to research stagnation and to propose some remedies with a specific focus on the European Union. In tackling these issues, this paper presents a view of research that is strongly embedded in the social, political and economic context in which accounting operates.
    Date: 2015–11

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