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Ranking dynamics and volatility

Author

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  • Garcia-Zorita, Carlos
  • Rousseau, Ronald
  • Marugan-Lazaro, Sergio
  • Sanz-Casado, Elias

Abstract

Scientific journals are ordered by their impact factor while countries, institutions or researchers can be ranked by their scientific production, impact or by other simple or composite indicators as in the case of university rankings. In this paper, the theoretical framework proposed in Criado, R., Garcia, E., Pedroche, F. & Romance, M. (2013). A new method for comparing rankings through complex networks: Model and analysis of competitiveness of major European soccer leagues. Chaos, 23, 043114 for football competitions is used as a starting point to define a general index describing the dynamics or its opposite, stability, of rankings. Some characteristics to study rankings, ranking dynamics measures and axioms for such indices are presented. Furthermore, the notion of volatility of elements in rankings is introduced. Our study includes rankings with ties, entrants and leavers. Finally, some worked out examples are shown.

Suggested Citation

  • Garcia-Zorita, Carlos & Rousseau, Ronald & Marugan-Lazaro, Sergio & Sanz-Casado, Elias, 2018. "Ranking dynamics and volatility," Journal of Informetrics, Elsevier, vol. 12(3), pages 567-578.
    • Handle: RePEc:eee:infome:v:12:y:2018:i:3:p:567-578
    DOI: 10.1016/j.joi.2018.04.005
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    References listed on IDEAS

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    1. Stefan Ambec & Mark A. Cohen & Stewart Elgie & Paul Lanoie, 2013. "The Porter Hypothesis at 20: Can Environmental Regulation Enhance Innovation and Competitiveness?," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 7(1), pages 2-22, January.
    2. Andrea Bonaccorsi & Tindaro Cicero & Peter Haddawy & Saeed-UL Hassan, 2017. "Explaining the transatlantic gap in research excellence," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(1), pages 217-241, January.
    3. Thomas Buser & Muriel Niederle & Hessel Oosterbeek, 2014. "Gender, Competitiveness, and Career Choices," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(3), pages 1409-1447.
    4. Robert D. Shelton & Geoffrey M. Holdridge, 2004. "The US-EU race for leadership of science and technology: Qualitative and quantitative indicators," Scientometrics, Springer;Akadémiai Kiadó, vol. 60(3), pages 353-363, August.
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    Cited by:

    1. Gerardo Iñiguez & Carlos Pineda & Carlos Gershenson & Albert-László Barabási, 2022. "Dynamics of ranking," Nature Communications, Nature, vol. 13(1), pages 1-7, December.
    2. Mila Cascajares & Alfredo Alcayde & Esther Salmerón-Manzano & Francisco Manzano-Agugliaro, 2021. "The Bibliometric Literature on Scopus and WoS: The Medicine and Environmental Sciences Categories as Case of Study," IJERPH, MDPI, vol. 18(11), pages 1-31, May.
    3. Esteban Fernández Tuesta & Máxima Bolaños-Pizarro & Daniel Pimentel Neves & Geziel Fernández & Justin Axel-Berg, 2020. "Complex networks for benchmarking in global universities rankings," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(1), pages 405-425, October.
    4. Ahsan Ullah & Kanwal Ameen, 2021. "Relating research growth, authorship patterns and publishing outlets: a bibliometric study of LIS articles produced by Pakistani authors," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(9), pages 8029-8047, September.

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