We reply to a comment by Diamantopoulos and Wagner questioning the face validity of our research productivity ranking for the field 'Marketing and Sales'. Copyright 2009 The Authors. Journal Compilation 2009 Verein für Socialpolitik and Blackwell Publishing Ltd. 2009.

We draw on a new and comprehensive dataset that collects the research output of business economists employed by Austrian, German and Swiss universities. We compute research rankings of departments and identify the leading departments in selected subdisciplines. Moreover, we investigate how...

In this paper we evaluate the economic research output of Swiss universities with the help of an incentive compatible method. We find that total research activity has increased considerably over the last 15 years. Looking at the individual universities, however, we observe strikingly different...

The Handelsblatt Ökonomen-Ranking is as yet the best privately provided ranking of individual economists and entire economics departments in Austria, Germany and Switzerland. It is, however, not suited for management purposes because the employed evaluation method gives rise to dysfunctional...

Using data on the B.E. Journals that rank articles into four quality tiers, this paper examines the accuracy of the research evaluation process in economics. We find that submissions by authors with strong publication records and authors affiliated with highly-ranked institutions are...

This paper proposes a generational accounting approach to valuating research. Based on the flow of scientific results, a value-added (VA) index is developed that can, in principle, be used to assign a monetary value to any research result and, by aggregation, on entire academic disciplines or...

We derive the optimal contract between a principal and a liquidity-constrained agent in a stochastically repeated environment. The contract comprises a court-enforceable explicit bonus rule and an implicit fixed salary promise that must be self-enforcing. Since the agent’s rent increases with...

An mehreren Orten in den USA entstanden in den vergangenen Jahrzehnten Zentren privater Forschungs- und Gründungsaktivitäten, von denen das Silicon Valley südlich von San Francisco wohl das bekannteste ist. Nahe der privat finanzierten Stanford University entstand ein Forschungs- und...