nep-sog New Economics Papers
on Sociology of Economics
Issue of 2016‒01‒18
two papers chosen by
Jonas Holmström
Axventure AB

  1. Does Science Advance One Funeral at a Time? By Pierre Azoulay; Christian Fons-Rosen; Joshua S. Graff Zivin
  2. How To Count Citations If You Must By Perry, Motty; Reny, Philip J.

  1. By: Pierre Azoulay; Christian Fons-Rosen; Joshua S. Graff Zivin
    Abstract: We study the extent to which eminent scientists shape the vitality of their fields by examining entry rates into the fields of 452 academic life scientists who pass away while at the peak of their scientific abilities. Key to our analyses is a novel way to delineate boundaries around scientific fields by appealing solely to intellectual linkages between scientists and their publications, rather than collaboration or co-citation patterns. Consistent with previous research, the flow of articles by collaborators into affected fields decreases precipitously after the death of a star scientist (relative to control fields). In contrast, we find that the flow of articles by non-collaborators increases by 8% on average. These additional contributions are disproportionately likely to be highly cited. They are also more likely to be authored by scientists who were not previously active in the deceased superstar's field. Overall, these results suggest that outsiders are reluctant to challenge leadership within a field when the star is alive and that a number of barriers may constrain entry even after she is gone. Intellectual, social, and resource barriers all impede entry, with outsiders only entering subfields that offer a less hostile landscape for the support and acceptance of "foreign" ideas.
    Keywords: economics of science, scientific fields, superstars, invisible college, cumulative knowledge production
    Date: 2015–12
    URL: http://d.repec.org/n?u=RePEc:bge:wpaper:857&r=sog
  2. By: Perry, Motty (Department of Economics, University of Warwick); Reny, Philip J. (Department of Economics, University of Chicago)
    Abstract: Citation indices are regularly used to inform critical decisions about promotion, tenure, and the allocation of billions of research dollars. Nevertheless, most indices (e.g., the h-index) are motivated by intuition and rules of thumb, resulting in undesirable conclusions. In contrast, five natural properties lead us to a unique new index, the Euclidean index, that avoids several shortcomings of the h-index and its successors.The Euclidean index is simply the Euclidean length of an individual’s citation list. Two empirical tests suggest that the Euclidean index outperforms the h-index in practice.
    Date: 2015
    URL: http://d.repec.org/n?u=RePEc:wrk:warwec:1093&r=sog

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