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Article

Market for Lemons in Academia: Adverse Selection with Dynamic Human Capital Formation and Policy Lock-in

2026-03-12

Abstract excerpt

<title>Abstract</title> <p>This paper develops a dynamic theory of academic publishing in which evaluation metrics interact with researchers’ skill formation. Building on classic models of adverse selection and signaling, the analysis introduces endogenous human capital dynamics: researchers’ skills evolve as a function of their publication choices. Engagement with high-scrutiny journals enhances skills through l...

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Literature Corpus work
2083bad8-77ae-5b49-a8ed-4c67e2499f20
DOI
10.21203/rs.3.rs-8844372/v1
Open publication

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Market for Lemons in Academia: Adverse Selection with Dynamic Human Capital Formation and Policy Lock-inDOI 10.21203/rs.3.rs-8844372/v1
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