By Benno Torgler, Marco Piatti (auth.)
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Extra info for A Century of American Economic Review: Insights on Critical Factors in Journal Publishing
Our discussion of the shirking problem was transformed by Jensen and Meckling into an agency problem and became part of the larger problem of the financial structure of the firm. Our way of viewing the firm then permeated a variety of nooks and crannies in economics. We knew we had produced a good paper centered on a new way of viewing the general problem of cooperation between persons possessed of their own self-interests, but the great success of the paper came as somewhat of a surprise. ). We worked over a draft that was sent by the other co-author, sent it back with suggestions, revisions, and new ideas, and then went through the process again and again until, at last, we thought we had reached the final product.
1057/9781137333056 Top Institutions, Top Papers, and Leading Economists Publishing in AER 25 In any case we were expected to use our judgment about quality and significance. ” Their decision process thus unfolded as follows: “In the event, our early ballots showed an encouraging unanimity or near-unanimity, especially about the leading candidates. We very quickly converged on the Top 15 articles. ” Their final list (Arrow et al. , and Harold Demsetz. 1972. ” American Economic Review, 62(5): 777–95.
Chi2 Pseudo R2 JEL Code Variables Notes: Coefficients in bold, z-statistics in parentheses, marginal effects (of an “average individual”) in italics (calculated at the point of the sample means in the case of a continuous variable). The symbols *, **, *** represent statistical significance at the 10%, 5%, and 1% levels, respectively. , notes, comments, replies) are included. Since we include many universities that do not appear in the top 58 of the ranking developed by Amir and Knauff (2008), we allocate these universities a constant value of 59.
A Century of American Economic Review: Insights on Critical Factors in Journal Publishing by Benno Torgler, Marco Piatti (auth.)