Rational randomization by journal editors–a mathematical derivation: A response to Osterloh and Frey's discussion paper on ‘Borrowed Plumes’
Abstract
Should journal editors and grant-giving bodies ever make use of random-draw mechanisms to make their final decisions? This short Note argues that the answer is yes. It describes a mathematical rationale for such randomization. Put intuitively, random draw should be used when the gains from the acceptance of unorthodox path-breaking papers outweigh the costs of publishing the unorthodox poor papers. The mathematical case for this rests on an...
Paper Details
Title
Rational randomization by journal editors–a mathematical derivation: A response to Osterloh and Frey's discussion paper on ‘Borrowed Plumes’
Published Date
Feb 1, 2020
Journal
Volume
49
Issue
1
Pages
103869 - 103869
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