This paper investigates the impact of referee reliability on the quality and efficiency of peer review. We modeled peer review as a process based on knowledge asymmetries and subject to evaluation bias. We tested various levels of referee reliability and different mechanisms of reviewing effort...

Although peer review is crucial for innovation and experimental discoveries in science, it is poorly understood in scientific terms. Discovering its true dynamics and exploring adjustments which improve the commitment of everyone involved could benefit scientific development for all disciplines...

This paper presents the results of laboratory experiments on the relevance of reputation for trust and cooperation in social interaction. We have extended a repeated investment game by adding new treatments where reputation is taken more explicitly into account than before. We then compared...

The importance of reputation in human societies is highlighted both by theoretical models and empirical studies. In this paper, we have extended the scope of previous experimental studies based on trust games by creating treatments where players can rate their opponents' behavior and know their...

Multiple time series data may exhibit clustering over time and the clustering effect may change across different series. This paper is motivated by the Bayesian non-parametric modelling of the dependence between clustering effects in multiple time series analysis. We follow a Dirichlet process...

It is well known that the Basel II Accord requires banks and other Authorized Deposit-taking Institutions (ADIs) to communicate their daily risk forecasts to the appropriate monetary authorities at the beginning of each trading day, using one or more risk models, whether individually or as...