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Journal of Economic PsychologyEditor Experience

Erich KirchlerUniversity of Vienna

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Content

• What is the Journal of Economic Psychology? (Aims, editors, associate editors, editorial board, bibliometry etc.)

• What information should authors have before submitting a paper?

• How to submit a paper?• What is the editors‘ and publisher‘s job?• What conclusions can be drawn for writing a

good manuscript?

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Guide for AuthorsSubmit Your PaperTrack Your PaperOrder JournalAccess Full Text

Journal of Economic PsychologyResearch in Economic Psychology and Behavioral Economics

Affiliated with the International Association for Research in Economic Psychology

The Journal aims to present research that will improve understanding of behavioral, especially socio-psychological, aspects of economic phenomena and processes.

The Journal contains: (a) reports of empirical research on economic behavior; (b) assessments of the state of the art in various subfields of economic psychology; (c) articles providing a theoretical perspective or a frame of reference for the study of economic behavior; (d) articles explaining the implications of theoretical developments for practical applications; (e) book reviews; (f) announcements of meetings, conferences and seminars.The Journal addresses psychologists and economists

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Editorial Team Associate Editors:

Book Review Editor: – Andreas Ortmann

Previous Associate Editors– Paul H. Dolan– Rob Ranyard– Gaelle Villejoubert

• Lucy Ackert• Paul Anand• Ofer Azar• Ananish Chaudhuri• Gerlinde Fellner• Simon Gaechter• Tommy Gärling• Martin Kocher• Brit Grosskopf

• Doron Kliger• Alexander Kritikos• David Leiser• Ayse Önçüler• Andreas Ortmann• Marc Scholten• Michelle Baddeley• Stefan Schulz-Hardt• Tomasz Zaleskiewicz

Publisher: Wendy Shamier

w.shamier@elsevier.com Journal Manager: Mary Shyla Sivasubramaniyam

JOEP@elsevier.com

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• Volume 33, Issue 2pp. 319-424 (April 2012)Special Issue: Entrepreneurial Personality

• Volume 32, Issue 4pp. 543 - 650 (August 2011)Special Issue: Financial Capability

• Volume 32, Issue 2pp. 205-293 (March 2011)Special Issue: Poverty Special Issue

Published Special Issues and Special Sections

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Forthcoming Special Issues and Special Sections

• Forthcoming “Self-Regulation and Strategic Motivational Orientations in Economic Contexts”

_Arnd Florack and Johannes Keller (Guest Editors)

• Forthcoming “ Behavioural Dynamics of Tax Evasion”

_Stephan Muehlbacher, Michael Pickhardt and Aloys Prinz (Guest Editors)

• Forthcoming “From Dual Processes to Multiple Selves: Implications for Economic Behavior”

_Carlos Alós-Ferrer and Fritz Strack (Guest Editors)

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Journal of Economic Psychology

Call for Papers• Behavioral Dynamics of Tax Evasion• From Dual Processes to Multiple Selves: Implication

s for Economic Behavior• View All

Recent Articles• Recently published articles available online on

SciVerse ScienceDirect.

• The material and immaterial in conflict: Spirituality reduces conspicuous consumption Tyler F. Stillman | Frank D. Fincham | ...

• Lifecycle effects on consumer financial product portfolios in South Africa: An exploratory analysis of four ethnic groups Mthunzi A. Ngwenya | Leonard J. Paas

• The relevance of thinking-by-analogy for investors’ willingness-to-pay: An experimental study Hammad Siddiqi

• Most Read Articles• The most downloaded articles from SciVerse

ScienceDirect in the last 90 days.

• The GDP paradox Jeroen C.J.M. van den Bergh • Behavioral finance and asset prices: Where do we sta

nd? Livio Stracca

• Invest now, drink later, spend never: On the mental accounting of delayed consumption Eldar Shafir | Richard H. Thaler

• View All

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Articles Received and Processed in 2008 - 2013

Submitted Final disposition

No. of articles

No. of articles

Processing times (in weeks)

Results

Subm. to 1st decn.

Auth. rev. time

Sub. to fin. disp.

Withdrawn

Accepted Rejected

Reject rate

2008 244 190 16.2 17.2 27 8 50 132 0.73

2009 289 269 17.8 20.4 32.1 19 80 170 0.68

2010 315 340 18.8 23.7 31.4 19 84 237 0.74

2011 421 408 11.5 20.6 21.9 5 117 286 0.71

2012 452 467 10.5 24.4 20.2 15 100 352 0.78

2013 (June)

165 184 9.2 19.1 18.2 11 42 131 0.76

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Regular/Special Issue Articles

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60

70

80

90

100

2007 2008 2009 2010 2011 YTD

No

of a

rtic

les

Total

Regular

Spec. Iss.

Publication Speed: Previous Years

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Regional Breakdown of Authors

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Bibliometry

Impact factor: The number of current citations to articles published in a specific journal in a two year period divided by the total number of articles published in the same journal in the corresponding two year period.

Five-Year Impact Factor: To calculate the five year Impact Factor, citations are counted in 2012 to the previous five years and divided by the source items published in the previous five years.© Journal Citation Reports 2013, Published by Thomson Reuters

Immediacy index: The average number of times that an article published in a specific year within a specific journal is cited over the course of that same year.

Cited half-life: The number of years, going back from the current year, that account for 50% of the total citations received by the cited journal in the current year.

Year Totalcites

Impact Factor

Five-YearImpact Factor

Immediacy index

Articles Cited half-life

2007 763 0.9 1.213 0.048 42 8.8

2008 910 0.943 1.326 0.51 51 8.6

2009 1189 1.473 1.670 0.125 72 8.5

2010 1389 1.358 1.749 0.091 88 8.5

2011 1576 1.069 1.617 0.176 85 9.0

2012 1780 1.081 1.749 0.263 95 8.9

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AUTHOR INFORMATIONJOURNAL OF ECONOMIC PSYCHOLOGYResearch in Economic Psychology and Behavioral Economics

• Description• Audience• Impact Factor• Abstracting and Indexing• Editorial Board• Guide for Authors

The Journal aims to present research that will improve understanding of behavioral, especially sociopsychological, aspects of economic phenomena and processes. The Journal seeks to be a channel for the increased interest in using behavioral science methods for the study of economic behavior, and so to contribute to better solutions of societal problems, by stimulating new approaches and new theorizing about economic affairs. Economic psychology as a discipline studies the psychological mechanisms that underlie consumption and other economic behavior. It deals with preferences, choices, decisions, and factors influencing these, as well as the consequences of decisions and choices with respect to the satisfaction of needs. This includes the impact of external economic phenomena upon human behavior and well-being. Studies in economic psychology may relate to different levels of aggregation, from the household and the individual consumer to the macro level of whole nations. Economic behavior in connection with inflation, unemployment, taxation, economic development, as well as consumer information and economic behavior in the market place are thus the major fields of interest.

© Copyright 2011 Elsevier | http://www.elsevier.com

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BEFORE YOU BEGIN

Ethics in publishingConflict of interestSubmission DeclarationCopyrightRetained author rightsRole of the funding sourceFunding body agreements and policiesOpen accessLanguage and language servicesSubmissionBook Reviews

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PREPARATION

Use of wordprocessing softwareIt is important that the file be saved in the native format of the wordprocessor used. The text should be in single-column format. Keep the layout of the text as simple as possible...

Article structure

Subdivision - numbered sectionsDivide your article into clearly defined and numbered sections. Subsections should be numbered 1.1 (then 1.1.1, 1.1.2, ...), 1.2, etc. (the abstract is not included in section numbering). Use this numbering also for internal cross-referencing: do not just refer to 'the text'. Any subsection may be given a brief heading. Each heading should appear on its own separate line.

IntroductionState the objectives of the work and provide an adequate background, avoiding a detailed literature survey or a summary of the results.

Method: Participants, material and methods, procedureProvide sufficient detail to allow the work to be reproduced. Methods already published should be indicated by a reference: only relevant

modifications should be described.

ResultsResults should be clear and concise.

DiscussionThis should explore the significance of the results of the work, not repeat them. A combined Results and Discussion section is often

appropriate. Avoid extensive citations and discussion of published literature.

ConclusionsThe main conclusions of the study may be presented in a short Conclusions section, which may stand alone or form a subsection of a

Discussion or Results and Discussion section.

AppendicesIf there is more than one appendix, they should be identified as A, B, etc. Formulae and equations in appendices should be given separate

numbering: Eq. (A.1), Eq. (A.2), etc.; in a subsequent appendix, Eq. (B.1) and so on. Similarly for tables and figures: Table A.1; Fig. A.1, etc.

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AFTER ACCEPTANCE

Use of the Digital Object IdentifierThe Digital Object Identifier (DOI) may be used to cite and link to electronic documents. The DOI consists of a unique alpha-numeric character string which is assigned to a document by the publisher upon the initial electronic publication. The assigned DOI never changes. Therefore, it is an ideal medium for citing a document, particularly 'Articles in press' because they have not yet received their full bibliographic information. The correct format for citing a DOI is shown as follows (example taken from a document in the journal Physics Letters B): doi:10.1016/j.physletb.2010.09.059 When you use the DOI to create URL hyperlinks to documents on the web, the DOIs are guaranteednever to change.

ProofsOne set of page proofs (as PDF files) will be sent by e-mail to the corresponding author (if we do not have an e-mail address then paper proofs will be sent by post) or, a link will be provided in the e-mail so that authors can download the files themselves. Elsevier now provides authors withPDF proofs which can be annotated; for this you will need to download Adobe Reader version 7 (or higher) available free from http://get.adobe.com/reader. Instructions on how to annotate PDF files will accompany the proofs (also given online). The exact system requirements are given at the Adobe site: http://www.adobe.com/products/reader/tech-specs.html. If you do not wish to use the PDF annotations function, you may list the corrections (including replies to the Query Form) and return them to Elsevier in an e-mail. Please list your correctionsquoting line number. If, for any reason, this is not possible, then mark the corrections and any other comments (including replies to the Query Form) on a printout of your proof and return by fax, or scan the pages and e-mail, or by post. Please use this proof only for checking the typesetting, editing, completeness and correctness of the text, tables and figures. Significant changes to the article as accepted for publication will only be considered at this stage with permission from the Editor. We will do everything possible to get your article published quickly and accurately – please let us have all your corrections within 48 hours. It is important to ensure that all corrections are sent back to us in one communication: please check carefully before replying, as inclusion of any subsequent corrections cannot be guaranteed. Proofreading is solely your responsibility. Note that Elsevier may proceed with the publication of your article if no response is received.

OffprintsThe corresponding author, at no cost, will be provided with a PDF file of the article via e-mail. For an extra charge, paper offprints can be ordered via the offprint order form which is sent once the article is accepted for publication. The PDF file is a watermarked version of the published article and includes a cover sheet with the journal cover image and a disclaimer outlining the terms and conditions of use.

AUTHOR INQUIRIESFor inquiries relating to the submission of articles (including electronic submission) please visit this journal's homepage. Contact details for questions arising after acceptance of an article, especially those relating to proofs, will be provided by the publisher. You can track accepted articles at http://www.elsevier.com/trackarticle. You can also check our Author FAQs (http://www.elsevier.com/authorFAQ) and/or contact Customer Support via http://support.elsevier.com.

© Copyright 2011 Elsevier | http://www.elsevier.com

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INSTRUCTION TO SUBMIT PAPER IN EDITORIAL SYSTEM1)      Please include the other authors in Add/Edit/Remove authors section

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2. Please enter abstract

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3. Please insert PsycINFO and JEL Classification codes along with keywords

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4. Please select classifications

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5. Please add 4 potential reviewers (full name, e-mail address & a short rational), also select a response for the below question

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6. Please attach files using the below instructions

Please submit the below items:• Highlights (maximum 3 - 5 bullet points Max. 85 characters including spaces per highlight. (In Word 2007, there is a character count option in the Review tab, under Word Count. Or, left-click the Word count in the bottom left corner for the character count to pop-up.) Only the core results of the paper should be covered).• Title page with author details• Manuscript without author details• Cover letter• Tables (optional)• Figures (optional)

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Submit a paper

Basic requirements met?

REJECT

Assign reviewers

Collect reviewers’ recommendations

Make a decision

Revise the paper

[Reject]

[Revision required]

[Accept]

[Yes]

[No]Review and give recommendation

START

ACCEPT

Author Editor Reviewer

The Peer Review Process

(This and next slides taken from “How to Publish Your Manuscript; Universität Duisburg-Essen, 25 October 2011)”Michael Derntl. Basics of Research Paper Writing and Publishing. http://www.pri.univie.ac.at/~derntl/papers/meth-se.pdf

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Editor alert

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Editors‘ and reviewers‘ check

• Article type (full article, review, short/brief report; book review)• Content addressing scientific community (psychologists,

behavioral economists)• Originality of contribution (marginal) contribution to existing

knowledge ?• Clarity of writing, logical structure and conclusions • Hypotheses, method, data analyses, conclusions• Informative and concise presentation• Formal requirement (title, abstract etc., language; objectivity

and accuracy, brevity of writing and length of paper, tables & figures, bibliography, etc.)

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Why? • The peer-review system is grossly

overloaded and editors wish to use reviewers only for those papers with a good probability of acceptance.

• It is a disservice to ask reviewers to spend time on work that has clearly evident deficiencies.

Initial Editorial Review

Many journals adopt the system of initial editorial review. Editors may reject a manuscript without sending it out for review.

(This and next slides taken from “How to Publish Your Manuscript; Universität Duisburg-Essen, 25 October 2011)”Michael Derntl. Basics of Research Paper Writing and Publishing. http://www.pri.univie.ac.at/~derntl/papers/meth-se.pdf

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What does the acting editor do?

• Set up a timely and confidential review process (anonymous, constructive, etc.)

• Selects reviewers– His/her expertise, reference list, your suggestions, SCOPUS,

google.scholar, or ISI on basis of title and keywords• Oversees the timeline (send reminders to the reviewers)• Judges if reviews are appropriate• Determines if the response of the authors is adequate• Suggest publication, revisions or rejection

This and next slides taken from “How to write a world-class paper? Personal experiences by Prof. Dr. Rik Leemans, Environmental Systems Analysis Group (Editor-in-chief Current Opinion in Environmental Sustainability

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Editors check acting editors’ work

action required

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Decisions• Accepted with no change (never happened to me)• Accepted with minor changes (normally, you can

quickly deal with it. It is OK to disagree with reviewers)• Accepted with major changes (normally, you need

time to deal with it. It is OK to disagree with reviewers)• Rejected (outside scope; results do not support

conclusions; doesn’t add new knowledge; sloppy writing, …)You can complain to editor when results seem unfair, but …

This and next slides taken from “How to write a world-class paper? Personal experiences by Prof. Dr. Rik Leemans, Environmental Systems Analysis Group (Editor-in-chief Current Opinion in Environmental Sustainability

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Why revision is important and necessary?

• Which procedure do you prefer?

– Send out a sloppily prepared manuscript get rejected after 4-6 months send out again only a few days later get rejected again… sink into despair

– Take 3-4 months to prepare the manuscript get the first decision after 4 months revise carefully within time limitation…accepted

Please cherish your own achievements!

(This and next slides taken from “How to Publish Your Manuscript; Universität Duisburg-Essen, 25 October 2011)”Michael Derntl. Basics of Research Paper Writing and Publishing. http://www.pri.univie.ac.at/~derntl/papers/meth-se.pdf

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Cherish the chance of discussing your work directly with other scientists in your community. Please prepare a detailed letter of response:

• Cut and paste each comment by the reviewer. Answer it directly below. Do not miss any point.

• State specifically what changes (if any) you have made to the manuscript. Give page and line number.– A typical problem – Discussion is provided but it is not clear what

changes have been made. • Provide a scientific response to the comment you accept; or a

convincing, solid and polite rebuttal to the point you think the reviewer is wrong.

• Write in a way that your responses can be given to the reviewer.

Further review of the revised manuscript is common

(This and next slides taken from “How to Publish Your Manuscript; Universität Duisburg-Essen, 25 October 2011)”Michael Derntl. Basics of Research Paper Writing and Publishing. http://www.pri.univie.ac.at/~derntl/papers/meth-se.pdf

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How to respond to a review

This and next slides taken from “How to write a world-class paper? Personal experiences by Prof. Dr. Rik Leemans, Environmental Systems Analysis Group (Editor-in-chief Current Opinion in Environmental Sustainability

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Never treat publication as a lottery

Never resubmit a rejected manuscript directly to another journal without any significant revision! It will not save any of your time and energy…

• The original reviewers (even editors) may eventually find it, which can lead to animosity towards the author.

• A possible strategy– In your cover letter, declare that the paper was rejected and

name the journal.– Include the referees’ reports and a detailed letter of response,

showing how each comment has been addressed.– Explain why you are resubmitting the paper to this journal, e.g.,

this journal is a more appropriate journal; the manuscript has been improved as a result of itsprevious review; etc.

(This and next slides taken from “How to Publish Your Manuscript; Universität Duisburg-Essen, 25 October 2011)”Michael Derntl. Basics of Research Paper Writing and Publishing. http://www.pri.univie.ac.at/~derntl/papers/meth-se.pdf

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How to write a good paper?

This and next slides taken from “How to write a world-class paper? Personal experiences by Prof. Dr. Rik Leemans, Environmental Systems Analysis Group (Editor-in-chief Current Opinion in Environmental Sustainability

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What makes a good manuscript?

• Writing a good manuscript is NOT easy. Be prepared to work hard on it

• A good manuscript makes readers (especially reviewers and editors) grasp the scientific significance as EASILY as possible

• What makes a good manuscript?– Cherish your own work – if you do not take care, why

should the journal?– There is no secret recipe for success – just some simple

rules: dedication and hard work.– Editors and reviewers are all busy scientists, just like you –

make things easy to save their time!Excellent presentation is essential

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• Target to your intended audience• Clear message, which is easy to understand

(abstract & title)• Introduction should put research into the broader context

and provide a well defined objective• The innovation must be made explicit• Well structured and easy to read• Focused and logical reasoning• Well referenced• Clear Figures and Tables• Clear explanations of symbols and legends

What makes a good manuscript?

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Lessons by Rik Leemans(Environmental sciences)

• Publishing is one of the necessary steps embedded in the scientific research process

• Publish new and original results, methods, …(create innovative tools)

• rationalize (refine or reinterpret) published results,• review the field or summarize a particular topic• publish to advance, not to repeat, knowledge and

understanding• Do not publish reports of no scientific interest, work out of

date, duplications of previously published work, incorrect/not acceptable conclusions

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Lessons by Rik Leemans(Environmental sciences)

• Work with world-class research teams• Create large databases that are needed by the research

community and distribute them freely• Contribute to workshops, conferences, etc.• Create press releases and distribute your papers widely

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Publish AND Perish! – if you break ethical rules

• International scientific ethics have evolved over centuries and are commonly held throughout the world.

• Scientific ethics are not considered to have national variants or characteristics – there is a single ethical standard for science.

• Ethics problems with scientific articles are on the rise globally.

(This and next slides taken from “How to Publish Your Manuscript; Universität Duisburg-Essen, 25 October 2011)”Michael Derntl. Basics of Research Paper Writing and Publishing. http://www.pri.univie.ac.at/~derntl/papers/meth-se.pdf

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The article of which the authors committed plagiarism: it won’t be removed from ScienceDirect. Everybody who downloads it will see the reason of retraction…

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Ethics Issues in Publishing

Scientific misconduct– Falsification of results

Publication misconduct– Plagiarism

• Different forms / severities• The paper must be original to the authors

– Duplicate submission– Duplicate publication– Appropriate acknowledgement of prior research and researchers – Appropriate identification of all co-authors– Conflict of interest

(This and next slides taken from “How to Publish Your Manuscript; Universität Duisburg-Essen, 25 October 2011)”Michael Derntl. Basics of Research Paper Writing and Publishing. http://www.pri.univie.ac.at/~derntl/papers/meth-se.pdf

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Plagiarism Detection

Elsevier is participating in 2 plagiarism detection schemes:– Turnitin (aimed at universities)– Ithenticate (aimed at publishers and corporations)

Manuscripts are checked against a database of 20 million peer reviewed articles which have been donated by 50+ publishers, including Elsevier. Al post-1009 Elsevier journal content is now included and the pre-1995 is being steadily added week-by-week

(This and next slides taken from “How to Publish Your Manuscript; Universität Duisburg-Essen, 25 October 2011)”Michael Derntl. Basics of Research Paper Writing and Publishing. http://www.pri.univie.ac.at/~derntl/papers/meth-se.pdf

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Submitting a paper

• Read and follow journal instructions• Make sure that your paper is within the scope

of the journal• Write a clear cover letter

GOOD LUCK