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Roberto Serrano
''The Measurement of Intellectual Influence: the Views of a Sceptic''
( 2004, Vol. 1 No.3 )
In an extremely interesting paper, Palacios-Huerta and Volij (2004) [PV] introduce the axiomatic method to the problem of how to rank academic journals on the basis of their mutual citations. They characterize the invariant method as the only one satisfying a list of five appealing properties. In this note, I show an impossibility result, by identifying a sixth property that is violated by the invariant method. Further, I question the appeal of the PV axioms, when applied over larger domains of problems that take into account making distinctions among types of citations.
Manuscript Received : Jul 12 2004 Manuscript Accepted : Sep 14 2004

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