Popov, Sergey V. ![]() ![]() |
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Official URL: https://doi.org/10.1111/kykl.70021
Abstract
Peer review is usually conducted to allocate limited resources, such as the budget of a funder or the pages of a journal. Limited capacity may bias peer evaluations, precisely because approving a peer's worthy project consumes capacity, jeopardizing the referee's own project's chances. I show that limiting capacity is inconsistent with a hypothesis that the decision-maker desires to stimulate efforts. I show that the desire to strengthen the signaling message of the acceptance decision could lead to limiting the capacity, endogenously creating a tragedy of informational commons problem.
Item Type: | Article |
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Date Type: | Published Online |
Status: | In Press |
Schools: | Schools > Business (Including Economics) |
Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HV Social pathology. Social and public welfare Q Science > Q Science (General) |
Publisher: | Wiley |
ISSN: | 0023-5962 |
Date of First Compliant Deposit: | 24 September 2025 |
Date of Acceptance: | 23 September 2025 |
Last Modified: | 13 Oct 2025 09:00 |
URI: | https://orca.cardiff.ac.uk/id/eprint/181268 |
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