The emergence of a field: a network analysis of research on peer review

This article provides a quantitative analysis of peer review as an emerging field of research by revealing patterns and connections between authors, fields and journals from 1950 to 2016. By collecting all available sources from Web of Science, we built a dataset that included approximately 23,000 indexed records and reconstructed collaboration and citation networks over time. This allowed us to trace the emergence and evolution of this field of research by identifying relevant authors, publications and journals and revealing important development stages. Results showed that while the term “peer review” itself was relatively unknown before 1970 (“referee” was more frequently used), publications on peer review significantly grew especially after 1990. We found that the field was marked by three development stages: (1) before 1982, in which most influential studies were made by social scientists; (2) from 1983 to 2002, in which research was dominated by biomedical journals, and (3) from 2003 to 2016, in which specialised journals on science studies, such as Scientometrics, gained momentum frequently publishing research on peer review and so becoming the most influential outlets. The evolution of citation networks revealed a body of 47 publications that form the main path of the field, i.e., cited sources in all the most influential publications. They could be viewed as the main corpus of knowledge for any newcomer in the fiel

Hierarchy measure for complex networks

Nature, technology and society are full of complexity arising from the intricate web of the interactions among the units of the related systems (e.g., proteins, computers, people). Consequently, one of the most successful recent approaches to capturing the fundamental features of the structure and dynamics of complex systems has been the investigation of the networks associated with the above units (nodes) together with their relations (edges). Most complex systems have an inherently hierarchical organization and, correspondingly, the networks behind them also exhibit hierarchical features. Indeed, several papers have been devoted to describing this essential aspect of networks, however, without resulting in a widely accepted, converging concept concerning the quantitative characterization of the level of their hierarchy. Here we develop an approach and propose a quantity (measure) which is simple enough to be widely applicable, reveals a number of universal features of the organization of real-world networks and, as we demonstrate, is capable of capturing the essential features of the structure and the degree of hierarchy in a complex network. The measure we introduce is based on a generalization of the m-reach centrality, which we first extend to directed/partially directed graphs. Then, we define the global reaching centrality (GRC), which is the difference between the maximum and the average value of the generalized reach centralities over the network. We investigate the behavior of the GRC considering both a synthetic model with an adjustable level of hierarchy and real networks. Results for real networks show that our hierarchy measure is related to the controllability of the given system. We also propose a visualization procedure for large complex networks that can be used to obtain an overall qualitative picture about the nature of their hierarchical structure.Comment: 29 pages, 9 figures, 4 table

Data envelopment analysis in financial services: a citations network analysis of banks, insurance companies and money market funds

Development and application of the data envelopment analysis (DEA) method, have been the subject of numerous reviews. In this paper, we consider the papers that apply DEA methods specifically to financial services, or which use financial services data to experiment with a newly introduced DEA model. We examine 620 papers published in journals indexed in the Web of Science database, from 1985 to April 2016. We analyse the sample applying citations network analysis. This paper investigates the DEA method and its applications in financial services. We analyse the diffusion of DEA in three sub-samples: (1) banking groups, (2) money market funds, and (3) insurance groups by identifying the main paths, that is, the main flows of the ideas underlying each area of research. This allows us to highlight the main approaches, models and efficiency types used in each research areas. No unique methodological preference emerges within these areas. Innovations in the DEA methodologies (network models, slacks based models, directional distance models and Nash bargaining game) clearly dominate recent research. For each subsample, we describe the geographical distribution of these studies, and provide some basic statistics related to the most active journals and scholars