What type of economist are you: r‐strategist or K‐strategist?

Abstract

This paper proposes a simple model to classify economists according to their preferences towards quality and/or quantity of their publications. When more emphasis is placed on quantity they are defined as r‐strategists. When they put more effort in the quality of their papers targeting top journals, they are defined as K‐strategists. It is shown that prestigious departments tend to select K‐strategists. By analyzing which strategy maximizes the influence of an economist in the profession, the paper shows that neither r‐, nor K‐strategists are the winners. The paper conjectures that the economists more likely to be successful in the profession follow the Samuelson‐strategy, which is characterized by a balance between quality and quantity.

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