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The Measurement of Intellectual Influence

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Author Info
Ignacio Palacios-Huerta (Department of Economics, Brown University.)
Oscar Volij (Department of Economics, Iowa State University.)

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Abstract

We examine the problem of measuring influence based on the information contained in the data on the communications between scholarly publications, judicial decisions, patents, web pages, and other entities. The measurement of influence is useful to address several empirical questions such as reputation, prestige, aspects of the diffusion of knowledge, the markets for scientists and scientific publications, the dynamics of innovation, ranking algorithms of search engines in the World Wide Web, and others. In this paper we ask why any given methodology is reasonable and informative applying the axiomatic method. We find that a unique ranking method can be characterized by means of five axioms: anonymity, invariance to citation intensity, weak homogeneity, weak consistency, and invariance to splitting of journals. This method is easily implementable and turns out to be different from those regularly used in social and natural sciences, arts and humanities, and computer science.

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Publisher Info
Paper provided by Oscar Volij in its series Economic theory and game theory with number 015.

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Date of creation: 26 Apr 2002
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Publication status: Published in Econometrica, 72, (2004), 963-977.
Handle: RePEc:nid:ovolij:015

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Postal: Oscar Volij, Department of Economics, Ben-Gurion University, Beer-Sheva 84105, Israel
Web page: http://volij.co.il/

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Related research
Keywords: Intellectual Influence; Citations; Ranking Methods; Consistency.;

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Find related papers by JEL classification:
A1 - General Economics and Teaching - - General Economics
C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

This paper has been announced in the following NEP Reports:

This item is featured on the following reading lists:
  1. Rankings of Economists, Economics Departments and Economics Journals
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. David N. Laband & Robert D. Tollison, 2000. "Intellectual Collaboration," Journal of Political Economy, University of Chicago Press, vol. 108(3), pages 632-661, June. [Downloadable!] (restricted)
  2. Sauer, Raymond D, 1988. "Estimates of the Returns to Quality and Coauthorship in Economic Academia," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 855-66, August. [Downloadable!] (restricted)
  3. Stigler, George J & Stigler, Stephen M & Friedland, Claire, 1995. "The Journals of Economics," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 331-59, April. [Downloadable!] (restricted)
  4. AMIR, Rabah, 2002. "Impact-adjusted citations as a measure of journal quality," CORE Discussion Papers 2002074, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
  5. Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 77-88, March. [Downloadable!] (restricted)
  6. Glenn Ellison, 2002. "The Slowdown of the Economics Publishing Process," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 947-993, October. [Downloadable!] (restricted)
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  7. Bush, Winston C & Hamelman, Paul W & Staaf, Robert J, 1974. "A Quality Index for Economic Journals," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 123-25, February. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Nicolas CARAYOL (GREThA UMR CNRS 5113) & Agenor LAHATTE (OST), 2009. "Relations de dominance et classement des universités," Cahiers du GREThA 2009-02, Groupe de Recherche en Economie Théorique et Appliquée. [Downloadable!]
  2. Fainmesser, Itay & Fershtman, Chaim & Gandal, Neil, 2005. "A Consistent Weighted Ranking Scheme with an Application to NCAA College Football Rankings," CEPR Discussion Papers 5239, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  3. Javier Ruiz-Castillo, 2006. "Economics Research In Spain During The 1990’S: A Literature Review," Economics Working Papers we063609, Universidad Carlos III, Departamento de Economía. [Downloadable!]
    Other versions:
  4. László Á. Kóczy & Alexandru Nichifor & Martin Strobel, 2009. "Article length bias in journal rankings," Working Paper Series 0902, Budapest Tech, Keleti Faculty of Economics. [Downloadable!]
    Other versions:
  5. Roberto Serrano, 2004. "The Measurement of Intellectual Influence: the Views of a Sceptic," Economics Working Papers 0040, Institute for Advanced Study, School of Social Science. [Downloadable!]
    Other versions:
  6. Jordi Blanes i Vidal & Clare Leaver, 2008. "Pandering Judges," STICERD - Economic Organisation and Public Policy Discussion Papers Series 002, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
  7. Joshua Aizenman & Kenneth Kletzer, 2008. "The Life Cycle of Scholars and Papers in Economics -- the "Citation Death Tax"," NBER Working Papers 13891, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  8. Rabah, AMIR & Malgorzata, KNAUFF, 2005. "Ranking economics departments worldwide on the basis of PhD placement," Discussion Papers (ECON - Département des Sciences Economiques) 2005041, Université catholique de Louvain, Département des Sciences Economiques. [Downloadable!]
    Other versions:
  9. Federico Echenique & Roland G. Fryer, Jr., 2005. "On the Measurement of Segregation," NBER Working Papers 11258, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  10. Yolanda Kodrzycki & Pingkang Yu, 2006. "New Approaches to Ranking Economics Journals," Contributions to Economic Analysis & Policy, Berkeley Electronic Press, vol. 5(1), pages 1520-1520. [Downloadable!] (restricted)
    Other versions:
  11. Giora Slutzki & Oscar Volij, 2006. "Scoring of web pages and tournaments—axiomatizations," Social Choice and Welfare, Springer, vol. 26(1), pages 75-92, January. [Downloadable!] (restricted)
  12. Javier Ruiz-Castillo, 2006. "La Investigación En Economía En España Durante Los Años 90: Una Revisión De La Literatura," Documentos de Trabajo de Economía de060201, Universidad Carlos III, Departamento de Economía. [Downloadable!]
  13. Matthew O. Jackson & Benjamin Golub, 2007. "Naïve Learning in Social Networks: Convergence, Influence and Wisdom of Crowds," Working Papers 2007.64, Fondazione Eni Enrico Mattei. [Downloadable!]
  14. Susanne Warning & Christian Wiermann & Günther G. Schulze, 2008. "Zeitschriftenrankings für die Wirtschaftswissenschaften Konstruktion eines umfassenden Metaindexes," Discussion Paper Series 3, Department of International Economic Policy, University of Freiburg, revised Mar 2008. [Downloadable!]
    Other versions:
  15. Jordi Blanes i Vidal & Clare Leaver, 2008. "Pandering Judges," Economics Series Working Papers 390, University of Oxford, Department of Economics. [Downloadable!]
  16. Miller, Alan D., . "Separation of decision in group identification," Working Papers 1249, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
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