Related papers: Productivity Beliefs and Efficiency in Science
Estimating the capabilities, or inputs of production, that drive and constrain the economic development of urban areas has remained a challenging goal. We posit that capabilities are instantiated in the complexity and sophistication of…
Human creativity is the ultimate driving force behind scientific progress. While the building blocks of innovations are often embodied in existing knowledge, it is creativity that blends seemingly disparate ideas. Existing studies have made…
We propose a funding scheme for theoretical research that does not rely on project proposals, but on recent past scientific productivity. Given a quantitative figure of merit on the latter and the total research budget, we introduce a…
In response to growing concern about the reliability and reproducibility of published science, researchers have proposed adopting measures of greater statistical stringency, including suggestions to require larger sample sizes and to lower…
In this work we propose a metric to assess academic productivity based on publication outputs. We are interested in knowing how well a research group in an area of knowledge is doing relatively to a pre-selected set of reference groups,…
Do highly productive researchers have significantly higher probability to produce top cited papers? Or does the increased productivity in science only result in a sea of irrelevant papers as a perverse effect of competition and the…
Measurement is a complicated but very necessary task. Many indices have been created in an effort to define the quality of knowledge produced but they have attracted strong criticism, having become synonymous with individualism, competition…
Citation metrics are becoming pervasive in the quantitative evaluation of scholars, journals and institutions. More then ever before, hiring, promotion, and funding decisions rely on a variety of impact metrics that cannot disentangle…
The pursuit of knowledge is the permanent goal of human beings. Scientific literature, as the major medium that carries knowledge between scientists, exhibits explosive growth during the last century. Despite the frequent use of many…
This paper tackles challenges in pricing and revenue projections due to consumer uncertainty. We propose a novel data-based approach for firms facing unknown consumer type distributions. Unlike existing methods, we assume firms only observe…
Scientific research funding is allocated largely through a system of soliciting and ranking competitive grant proposals. In these competitions, the proposals themselves are not the deliverables that the funder seeks, but instead are used by…
This is a report about the use and misuse of citation data in the assessment of scientific research. The idea that research assessment must be done using ``simple and objective'' methods is increasingly prevalent today. The ``simple and…
Explainably estimating confidence in published scholarly work offers opportunity for faster and more robust scientific progress. We develop a synthetic prediction market to assess the credibility of published claims in the social and…
An academic scientist's professional success depends on publishing. Publishing norms emphasize novel, positive results. As such, disciplinary incentives encourage design, analysis, and reporting decisions that elicit positive results and…
The exponentially growing number of scientific papers stimulates a discussion on the interplay between quantity and quality in science. In particular, one may wonder which publication strategy may offer more chances of success: publishing…
We introduce a mathematical theory called market connectivity that gives concrete ways to both measure the efficiency of markets and find inefficiencies in large markets. The theory leads to new methods for testing the famous efficient…
We construct a theoretical model for equilibrium distribution of workers across sectors with different labor productivity, assuming that a sector can accommodate a limited number of workers which depends only on its productivity. A general…
This paper presents a methodology for measuring the technical efficiency of research activities. It is based on the application of data envelopment analysis to bibliometric data on the Italian university system. For that purpose, different…
Understanding how institutional changes within academia may affect the overall potential of science requires a better quantitative representation of how careers evolve over time. Since knowledge spillovers, cumulative advantage,…
Uncertainty of scientific findings are typically reported through statistical metrics such as $p$-values, confidence intervals, etc. The magnitude of this objective uncertainty is reflected in the language used by the authors to report…