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on Sociology of Economics |
| By: | Pérignon, Christophe (HEC Paris) |
| Abstract: | Research reproducibility is defined as obtaining similar results using the same data and code as the original study. This simple, yet fundamental, property remains surprisingly difficult to validate in practice in many scientific fields, including economics. To check research reproducibility, third-party verifiers can complement the work done by journals’ internal teams. Third-party verifiers can also be used by individual researchers seeking a pre-submission reproducibility certification to signal the reproducible nature of their research. Using the example of the cascad certification agency, which I co-founded in 2019, I discuss the functioning, utility, comparative advantages, and challenges of third-party verification services. |
| Keywords: | Research reproducibility; reproducibility certification; cascad certification agency; |
| JEL: | C10 |
| Date: | 2023–07–14 |
| URL: | https://d.repec.org/n?u=RePEc:ebg:heccah:1481 |
| By: | Christoph Carnehl; Marco Ottaviani; Justus Preusser |
| Abstract: | This paper overviews the economics of scientific grants, focusing on the interplay between the inherent uncertainty in research, researchers' incentives, and grant design. Grants differ from traditional market systems and other science and innovation policy tools, such as prizes and patents. We outline the main economic forces specific to science, noting the limited attention given to grant funding in the economics literature. Using tools from information economics, we identify key incentive problems at various stages of the grant funding process and offer guidance for effective grant design. In the allocation stage, funders aim to select the highest-merit applications while minimizing evaluation costs. The selection rule, in turn, impacts researchers' incentives to apply and invest in their proposals. In the grant management stage, funders monitor researchers to ensure efficient use of funds. We discuss the advantages and potential pitfalls of (partial) lotteries and emphasize the effectiveness of staged grant design in promoting a productive use of grants. Beyond these broadly applicable insights, our overview highlights the need for further research on grantmaking. Understudied areas include, at the micro level, the interplay of different grant funding stages, and at the macro level, the interaction of grants with other instruments in the market for science. |
| JEL: | D83 H81 I23 |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:32668 |
| By: | Orhan, Mehmet A. (EM Normandie Business School); Bal, P. Matthijs; van Rossenberg, Yvonne |
| Abstract: | This article presents a fictional narrative about Professor Sackker, the solitary researcher in the field of Sackker Studies, once known as Management and Organizational Studies. Despite its absurdity, the story portrays Sackker’s dominance, marked by his inevitable rise with record-breaking publications and citations, stifling competition, and leaving him as the ultimate winner and ruler. Through personal reflections, his story explores his career strategies, provides insights into his success, and explains how he shaped, transformed, and eventually (but unwittingly) destroyed the field. This narrative, though fictional, mirrors real concerns in today’s reality: growing inequalities, the dominance of elite scholars, and erosion of meaning in academic careers as a function of hyper-competition. We examine the prevalence of systemic issues plaguing academia. Despite challenges, the article also aims to inspire hope. By illuminating these problems and integrating them into scholarly discussions, there lies an opportunity for change, empowering the next generation of academics. |
| Date: | 2024–07–26 |
| URL: | https://d.repec.org/n?u=RePEc:osf:osfxxx:r63uz |