technical paper
Association Between Author Prominence and Peer Reviewers' Willingness to Review and Their Evaluations of Manuscripts Submitted to a Finance Journal
keywords:
editorial and peer review process
peer review
bias
Objective Merton 1 argued that “eminent scientists get
disproportionately great credit for their contribution to
science while relatively unknown scientists tend to get
disproportionately little credit for comparable contributions.”
In this context, this study asked (1) is there a status bias in
reviewers’ propensity to accept review invitations? and (2) is
there a status bias in their evaluation of the paper?
Design A manuscript written by Vernon Smith (Nobel
laureate, high prominence) and Sabiou Inoua (young
researcher, low prominence) was submitted to the Journal of
Behavioral and Experimental Finance for peer review. The
paper was assigned to 3299 reviewers randomized into 5
conditions: (1) no author name in the invitation email or on
the manuscript’s title page (treatment: AA; 576 reviewers);
(2) high-prominence author name on manuscript only (AH;
696); (3) low-prominence author name on manuscript only
(AL; 739); (4) high-prominence author name on both email
and manuscript (HH; 507); and (5) low-prominence author
name on both email and manuscript (LL; 781). To avoid
confounding, only 1 name was shown in the email and on the
manuscript, and the author was always designated as the
corresponding author. Reviewers gave consent to being part
of the study prior to accessing the paper. Those who
submitted a report were debriefed after the study. Reviewers’
decisions to accept the invitation in response to anonymized
(AA, AH, AL) vs nonanonymized (LL, HH) emails were
compared using Fisher exact tests. The distribution of
publication recommendations (eg, reject, major revision,
minor revision, or accept) was compared for manuscripts that
showed the author’s name (AL, AH) vs those that did not
(AA) using Mann-Whitney tests.
Results A total of 2611 researchers (79.1%) responded to the
invitation, 821 of whom agreed to review (31.4%). The
invitation showing Vernon Smith was accepted statistically
significantly more often than those showing no author name
or Sabiou Inoua (acceptances: HH, 158 of 410 38.5% vs LL,
174 of 610 28.5%; P = .001; HH, 158 of 410 38.5% vs
anonymized, 489 of 1591 30.7%; P = .003). Of the 821
reviewers who accepted the invitation, 534 (65.0%) submitted
reports (AA, 110; AL, 101; AH, 102; LL, 114; and HH, 107).
The manuscript showing the prominent author received
53.3% less reject recommendations and more than 10 times
as many accept recommendations as the anonymized version
(test on the distribution of recommendations: AH vs AA, P <
.001) (Table 11, A). The manuscript showing the name of the
less prominent author got 35.5% more reject
recommendations and 63.7% less minor revision
recommendations than the anonymized version (test on the
distribution of recommendations: AL vs AA, P = .005) (Table
11, B). Author prominence affected the willingness to review
and reviewers’ recommendations.
Conclusions Although double-anonymized peer review is
not a panacea, 2 this study’s results still support its use in the
field of finance.
References
1. Merton, RK. The Matthew effect in science. Science.
1968;159(3810):56-63. doi:10.1126/science.159.3810.56
2. Snodgrass, R. Single- versus double-blind reviewing: an
analysis of the literature. ACM SIGMOD Record.
2006;35(3):8-21. doi:10.1145/1168092.1168094
Conflict of Interest Disclosures None reported.
Funding/Support Financial support from the Austrian Science
Fund through SFB F63 is gratefully acknowledged.
Role of the Funder/Sponsor The funding organization did not
play any role in the design and conduct of the study; collection,
management, analysis, and interpretation of the data; preparation,
review, or approval of the abstract; and the decision to submit the
abstract for presentation.
Additional Information Jürgen Huber is a co–corresponding
author.