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An auction market for journal articles.
- Source :
- Public Choice; Dec2010, Vol. 145 Issue 3/4, p379-403, 25p, 2 Diagrams, 1 Chart
- Publication Year :
- 2010
-
Abstract
- We recommend that an auction market replace the current system for submitting academic papers and show a strict Pareto-improvement in equilibrium. Besides the benefit of speed, this mechanism increases the average quality of articles and journals and rewards editors and referees for their effort. The 'academic dollar' proceeds from papers sold at auction go to authors, editors and referees of cited articles. This nonpecuniary income indicates the academic impact of an article-facilitating decisions on tenure and promotion. This auction market does not require more work of editors. [ABSTRACT FROM AUTHOR]
- Subjects :
- AUCTIONS
PUBLISHED articles
EQUILIBRIUM
EDITORS
QUALITY
REFORMS
Subjects
Details
- Language :
- English
- ISSN :
- 00485829
- Volume :
- 145
- Issue :
- 3/4
- Database :
- Complementary Index
- Journal :
- Public Choice
- Publication Type :
- Academic Journal
- Accession number :
- 55024885
- Full Text :
- https://doi.org/10.1007/s11127-009-9571-3