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Hayek in Citations and the Nobel Memorial Prize

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Abstract

Citations are a currency of academic standing. Among scholars, priority of discovery is acknowledged in footnotes and references, and the number of citations is a measure of the impact of conceptual innovations. Citation counts were first assembled in the 1920s. The Science Citation index was launched in 1960, and a companion Social Science Citation index was added in 1975.1 Both are now part of the Thomson-Reuters ISI database, which is the most prominent citation database in use today. All citation counts have biases.2 ISI is proprietary and is not easy to work with; its coverage dwindles the further back you go, it has a restricted range of journals, only counts first authors, and only takes account of books if they appear in journal citations. Elsevier’s more recent Scopus database covers many more journals, but has a poor coverage of the distant past. An online source of citations, Google Scholar, is easy to use, and it counts books as well as publications in languages other than English. That is not a decisive argument against it, since most important journals are available online, but the findings are weighted towards the present and the scores are always in flux. It is also difficult to extract citation on a yearly basis.

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© 2013 Gabriel Söderberg, Avner Offer and Samuel Bjork

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Söderberg, G., Offer, A., Bjork, S. (2013). Hayek in Citations and the Nobel Memorial Prize. In: Leeson, R. (eds) Hayek: A Collaborative Biography. Archival Insights into the Evolution of Economics Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137328564_3

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