How Should Peer‐review Panels Behave? * | Zendy

Sgroi Daniel | Zendy; Oswald Andrew J. | Zendy

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How Should Peer‐review Panels Behave? *

Author(s) -

Sgroi Daniel,

Oswald Andrew J.

Publication year - 2013

Publication title -

the economic journal

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 4.683

H-Index - 160

eISSN - 1468-0297

pISSN - 0013-0133

DOI - 10.1111/ecoj.12070

Subject(s) - argument (complex analysis) , excellence , quality (philosophy) , positive economics , computer science , political science , operations research , sociology , epistemology , economics , mathematics , law , philosophy , biochemistry , chemistry

Many governments wish to assess the quality of their universities. A prominent example is the UK 's new Research Excellence Framework ( REF ) 2014. In the REF , peer‐review panels will be provided with information on publications and citations. This article suggests a way in which panels could choose the weights to attach to these two indicators. The analysis draws in an intuitive way on the concept of Bayesian updating (where citations gradually reveal information about the initially imperfectly observed importance of the research). Our study should not be interpreted as the argument that only mechanistic measures ought to be used in a REF .

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