Peer Review
 |
Definition of 'Peer Review'A process by which one's colleagues assess the quality and accuracy of one's research papers. Peer review is most frequently employed within academia, where professors evaluate each others' work before it is published in major research journals.The system of peer review is used because, in much high-level academic work, there are relatively few experts in the world with sufficient knowledge to properly critique new research findings. For example, many theories in economics and finance are peer reviewed before they are published in journals. |
 |
Investopedia explains 'Peer Review'Peer review is sometimes criticized where reviewers are perceived to be unfair in their assessments. Since review is most often anonymous, there is little accountability for reviewers. This can lead to problems where, for instance, reviewers may be biased against work which is not in accordance with mainstream theory.In addition, peer review is often a slow process. Reviewing work does not bring prestige in the way that generating new research does. Thus, reviewing others' work is often a lower priority. Since peer review often goes through several rounds, it may take months or years to complete the process. |
Related Definitions
Articles Of Interest
-
Quants: The Rocket Scientists Of Wall Street
Blend math, finance and computer skills to command a high - and well deserved - salary. -
Fee-Based Research: The Good, The Bad And The Ugly
Providing information on stocks that would otherwise not be available, fee-based research plays an important but complicated role in the market. -
How To Effectively Investigate A Stock
Before throwing your money away, learn how to pick the right stock for your portfolio. -
Testing 3 Types Of Analysts
Different clients require different research reports. Which type of analyst do you need? -
The Ins and Outs Of In-Process R&D Expenses
Are these charge-offs fair accounting or earnings manipulation? Learn more here. -
Financial Designations That Employers Require
We break down the designations that are important to have if you want to work in the financial sector. -
10 Great Summer Jobs For Teens
There are a lot of summer jobs out there, find out what's available, how much it costs and what skills you need. -
Should You Get A CFA, MBA Or Both?
These certifications require time and money, but combined programs are making obtaining both designations more realistic. -
What To Expect On The CFA Level I Exam
The Level I exam for the Chartered Financial Analyst designation can be challenging. Here's what to expect. -
5 ETFs Flaws You Shouldn't Overlook
Despite their popularity, exchange traded funds have some drawbacks that investors should know about.
Free Annual Reports
