Davide Pace
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ddpace.bsky.social
Davide Pace
@ddpace.bsky.social
820 followers 360 following 62 posts
Behavioral economist at LMU Munich - opinions are mine.

Working on: cognitive economics and climate change.

https://sites.google.com/view/davidedpace
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ddpace.bsky.social
Davide Pace @ddpace.bsky.social · Nov 21
#EconSky 📉📈

A new simple way to boost support for carbon pricing!

New article in @natureportfolio.bsky.social

- Public support is maximized by a Climate Premium: a fixed, uniform, upfront compensation

- Experts are too pessimistic about public support

- A novel incentivized design.

🧵 + link👇
Reposted by Davide Pace
hansonmark.bsky.social
We wrote the Strain on scientific publishing to highlight the problems of time & trust. With a fantastic group of co-authors, we present The Drain of Scientific Publishing:

a 🧵 1/n

Drain: arxiv.org/abs/2511.04820
Strain: direct.mit.edu/qss/article/...
Oligopoly: direct.mit.edu/qss/article/...
A table showing profit margins of major publishers. A snippet of text related to this table is below. 1. The four-fold drain 1.1 Money Currently, academic publishing is dominated by profit-oriented, multinational companies for whom scientific knowledge is a commodity to be sold back to the academic community who created it. The dominant four are Elsevier, Springer Nature, Wiley and Taylor & Francis, which collectively generated over US$7.1 billion in revenue from journal publishing in 2024 alone, and over US$12 billion in profits between 2019 and 2024 (Table 1A). Their profit margins have always been over 30% in the last five years, and for the largest publisher (Elsevier) always over 37%. Against many comparators, across many sectors, scientific publishing is one of the most consistently profitable industries (Table S1). These financial arrangements make a substantial difference to science budgets. In 2024, 46% of Elsevier revenues and 53% of Taylor & Francis revenues were generated in North America, meaning that North American researchers were charged over US$2.27 billion by just two for-profit publishers. The Canadian research councils and the US National Science Foundation were allocated US$9.3 billion in that year. A figure detailing the drain on researcher time. 1. The four-fold drain 1.2 Time The number of papers published each year is growing faster than the scientific workforce, with the number of papers per researcher almost doubling between 1996 and 2022 (Figure 1A). This reflects the fact that publishers’ commercial desire to publish (sell) more material has aligned well with the competitive prestige culture in which publications help secure jobs, grants, promotions, and awards. To the extent that this growth is driven by a pressure for profit, rather than scholarly imperatives, it distorts the way researchers spend their time. The publishing system depends on unpaid reviewer labour, estimated to be over 130 million unpaid hours annually in 2020 alone (9). Researchers have complained about the demands of peer-review for decades, but the scale of the problem is now worse, with editors reporting widespread difficulties recruiting reviewers. The growth in publications involves not only the authors’ time, but that of academic editors and reviewers who are dealing with so many review demands. Even more seriously, the imperative to produce ever more articles reshapes the nature of scientific inquiry. Evidence across multiple fields shows that more papers result in ‘ossification’, not new ideas (10). It may seem paradoxical that more papers can slow progress until one considers how it affects researchers’ time. While rewards remain tied to volume, prestige, and impact of publications, researchers will be nudged away from riskier, local, interdisciplinary, and long-term work. The result is a treadmill of constant activity with limited progress whereas core scholarly practices – such as reading, reflecting and engaging with others’ contributions – is de-prioritized. What looks like productivity often masks intellectual exhaustion built on a demoralizing, narrowing scientific vision. A table of profit margins across industries. The section of text related to this table is below: 1. The four-fold drain 1.1 Money Currently, academic publishing is dominated by profit-oriented, multinational companies for whom scientific knowledge is a commodity to be sold back to the academic community who created it. The dominant four are Elsevier, Springer Nature, Wiley and Taylor & Francis, which collectively generated over US$7.1 billion in revenue from journal publishing in 2024 alone, and over US$12 billion in profits between 2019 and 2024 (Table 1A). Their profit margins have always been over 30% in the last five years, and for the largest publisher (Elsevier) always over 37%. Against many comparators, across many sectors, scientific publishing is one of the most consistently profitable industries (Table S1). These financial arrangements make a substantial difference to science budgets. In 2024, 46% of Elsevier revenues and 53% of Taylor & Francis revenues were generated in North America, meaning that North American researchers were charged over US$2.27 billion by just two for-profit publishers. The Canadian research councils and the US National Science Foundation were allocated US$9.3 billion in that year. The costs of inaction are plain: wasted public funds, lost researcher time, compromised scientific integrity and eroded public trust. Today, the system rewards commercial publishers first, and science second. Without bold action from the funders we risk continuing to pour resources into a system that prioritizes profit over the advancement of scientific knowledge.
November 11, 2025 at 11:52 AM
Reposted by Davide Pace
eayeconomists.bsky.social
🚨 Call for Papers!

The 2026 EAYE Annual Meeting will take place at the University of the Basque Country 🇪🇸 on 18–20 May 2026

📅 Submit your paper or extended abstract by 1 Dec 2025 via CMT

#EAYE2026
September 22, 2025 at 8:06 AM
Reposted by Davide Pace
aalrababah.bsky.social
🚨 New working paper alert 🚨
Missing summer — and the Tour de France? Don’t worry, we got you covered. 🚴‍♂️🚴‍♂️🚴‍♂️
In this paper, we show that being on the route of Tour de France reduces far-right voting. osf.io/preprints/so...
September 16, 2025 at 10:25 AM
Reposted by Davide Pace
pkrugman.bsky.social
If you think the attack on the Fed's Lisa Cook has nothing to do with you, you're wrong — any one of us may be next paulkrugman.substack.com/p/we-are-all...
We Are All Lisa Cook
Nobody is safe from weaponized government
paulkrugman.substack.com
August 25, 2025 at 12:49 PM
Reposted by Davide Pace
hansonmark.bsky.social
If I could change one thing about #ScientificPublishing I'd ask funding bodies to stipulate all work they fund be published in non-profit journals.

The knock-on effects would alleviate most of the strain on #AcademicSky.

This isn't hard. It's big, but actually, it's pretty easy.

1/n
The strain on scientific publishing
Abstract. Scientists are increasingly overwhelmed by the volume of articles being published. The total number of articles indexed in Scopus and Web of Science has grown exponentially in recent years; ...
direct.mit.edu
August 4, 2025 at 8:10 AM
Reposted by Davide Pace
carlbergstrom.com
A few months ago, Nature published how-to guide for using ChatGPT to write your peer reviews in 30 minutes.

This is, of course, a horrible idea. Here’s my response with @jbakcoleman.bsky.social .
AI, peer review and the human activity of science
When researchers cede their scientific judgement to machines, we lose something important.
www.nature.com
June 25, 2025 at 1:01 PM
Reposted by Davide Pace
paolocrosetto.bsky.social
Springer-Nature launched a series of "Discover" journals that closely mimic MDPI titles -- sharing *identical* journal names, and likely similar business model.

What is going on, and why researcher will - as always - fall for it?

A 🧵

the-strain-on-scientific-publishing.github.io/website/post...
Springer Nature Discovers MDPI – The Strain on Scientific Publishing
Home page for the paper ‘The Strain on Scientific Publishing’ by Mark A Hanson, Dan Brockington, Paolo Crosetto and Pablo Gomez Barreiro
the-strain-on-scientific-publishing.github.io
June 15, 2025 at 2:21 PM
Reposted by Davide Pace
paolocrosetto.bsky.social
If you are a scientist in any field or just plainly a curious human being do subscribe to Andrea's substack. It contains and will keep delivering the most unexpected "oh! I didn't know that! Makes sense!" moments in your near future.
andreamatranga.bsky.social Andrea Matranga @andreamatranga.bsky.social · Jun 5
I created a Substack! for now it's mainly a place I post lightly edited versions of my long threads.
The next post will be an explainer of
@Natkhov and myself's paper on the introduction of serfdom in Russia in response to nomadic slave raids. Sign up here
andreamatranga.substack.com
Andrea Matranga | Substack
This substack collects explanations of my projects and interests, mostly relating to Economics, History and Geography. Click to read Andrea Matranga, a Substack publication. Launched 27 minutes ago.
andreamatranga.substack.com
June 6, 2025 at 11:56 AM
ddpace.bsky.social
How do social interactions foster or hamper delusional beliefs?

This is the most pressing open question in the literature on motivated beliefs.

Great to see progress being made 👇
joelvdweele.bsky.social Joel van der Weele @joelvdweele.bsky.social · May 20
New working paper alert: we provide a model of post-hoc rationalizations, driven by motives of (self-)esteem. We show how this can lead to groupthink, polarization, and a preference for echo chambers.

www.ifo.de/sites/defaul...
May 21, 2025 at 7:55 AM
ddpace.bsky.social
"Voters Like Climate Policies More Than You Think".

New policy piece for EconPol Forum based on recent research findings

www.ifo.de/en/econpol/p...

Key messages:
1️⃣ Voters are willing to make sacrifices for climate
change, and they endorse costly climate policies

#EconSky #ClimateChange
1/3
Voters Like Climate Policies More Than You Think | ifo Institute
Key Messages Voters are willing to make sacrifices for climate change, and they endorse costly climate policies. Voters support green investments even when the investments are funded via carbon taxes....
www.ifo.de
May 5, 2025 at 8:21 AM
Reposted by Davide Pace
simoncolumbus.bsky.social
"pre-registration has now become mainstream in experimental economics"

New preprint by Taisuke Imai et al.: osf.io/preprints/me...
Abstract: The open science movement has gained significant momentum over the past decade, with pre-registration and the use of pre-analysis plans being central to ongoing debates. Combining observational evidence on trends in adoption with survey data from 519 re-searchers, this study examines the adoption of pre-registration (potentially but not necessarily including pre-analysis plans) in experimental economics. Pooling statistics from 19 leading journals published between 2017 and 2023, we observe that the number of papers containing a pre-registration grew from seven per year to 190 per year. Our findings indicate that pre-registration has now become mainstream in experimental economics, with two-thirds of respondents expressing favorable views and 86% having pre-registered at least one study. However, opinions are divided on the scope and comprehensiveness of pre-registration, highlighting the need for clearer guidelines. Researchers assign a credibility premium to pre-registered tests, although the exact channels remain to be understood. Our results suggest growing support for open science practices among experimental economists, with demand for professional associations to guide researchers and reviewers on best practices for pre-registration and other open science initiatives.
April 7, 2025 at 12:01 PM
Reposted by Davide Pace
labsquare.net
🔔 Call for Participation 🔔
Lab² is inviting researchers to take part in a multi-analyst study on the effects of having daughters on various outcomes.
Join this metascience project as a co-author and gain the opportunity to work with SOEP data!
#ManyDaughters
Many Analysts
www.manydaughters.com
March 31, 2025 at 12:04 PM
Reposted by Davide Pace
adrien-fabre.bsky.social
🤩🤩 Paper finally out in the AER!

With my co-authors (incl. @bluebery-planterose.com & @s-stantcheva.bsky.social) we surveyed climate attitudes in 20 countries covering 72% of global emissions.

In brief, people want ambitious, global, and fair climate policies. A 🧵⬇️

www.aeaweb.org/articles?id=...
April 1, 2025 at 12:38 AM
Reposted by Davide Pace
oechssler.bsky.social
I have a postdoc position in Behavioral/Experimental Economics available for 6 years, at the oldest university in Germany in beautiful Heidelberg. Please forward to anyone who might be interested!

#EconJobs #AcademicJobs #HigherEd #Economics #JobAlert
March 27, 2025 at 11:18 AM
ddpace.bsky.social
Last few hours to square your contribution to 🇺🇦!
tderyugina.bsky.social Tatyana Deryugina @tderyugina.bsky.social · Mar 8
Check out a novel way to give to Ukraine with maximum impact. Pledge the max you're willing to give and if the same number of people do the same, your contribution gets squared.

Ends March 10, so hurry. More details here.

yourcontributionsquared.eu/en/
Your Contribution Squared
yourcontributionsquared.eu
March 9, 2025 at 5:19 PM
Reposted by Davide Pace
jburnmurdoch.ft.com
NEW: The actions of Trump and Vance in recent weeks highlight something under-appreciated.

The American right is now ideologically closer to countries like Russia, Turkey and in some senses China, than to the rest of the west (even the conservative west).

My column: www.ft.com/content/3046...
March 7, 2025 at 9:58 AM
Reposted by Davide Pace
csteinwender.bsky.social
we are looking for an Associate Professor (tenure track) in applied Economics, pls share: www.timeshighereducation.com/unijobs/list...
Professorship (W2) of AI in Economics - Munich (City), Bavaria, Germany job with LUDWIG MAXIMILIANS UNIVERSITAET MUENCHEN | 389325
All AI that are relevant to the field of economics under the application of modern statistical methods will be expected to teach courses at all levels
www.timeshighereducation.com
March 6, 2025 at 8:55 AM
Reposted by Davide Pace
carlbergstrom.com
Let's talk about this Nature piece in more detail.

I've rarely read something so anti-scientific anywhere short of the National Review.

www.nature.com/articles/d41...
Three AI-powered steps to faster, smarter peer review
Tired of spending countless hours on peer reviews? An AI-assisted workflow could help.
www.nature.com
March 6, 2025 at 5:34 AM
Reposted by Davide Pace
georgweizsaecker.bsky.social
Support for Ukraine at "Your contribution squared" is up and up ↗️: 100 people who each give at least 100€.

The bang for the buck, ↗️ even more: only a single step (e.g., to 101) moves the total by more than 200€.

An opportunity to be effective. Please pass it on.

yourcontributionsquared.eu
Your Contribution Squared
yourcontributionsquared.eu
March 5, 2025 at 9:26 AM
Reposted by Davide Pace
georgweizsaecker.bsky.social
If one person gives a euro to Ukraine, the result is €1.

If two people give 2 each, it is €4.

If 3,000 give 3,000 each, it is 9 million.

Let’s coordinate, here 👇

and please re-post to spread the word.

yourcontributionsquared.eu/en/
Your Contribution Squared
yourcontributionsquared.eu
March 3, 2025 at 10:22 AM
Reposted by Davide Pace
gabrielzucman.bsky.social
If it’s a trade war Trump wants, consumers in Mexico, Canada, Europe, and beyond should unite to ensure that Musk and his fellow oligarchs feel the cost

www.project-syndicate.org/commentary/o...
America’s Oligarchs Are Trump’s Achilles’ Heel | by Gabriel Zucman - Project Syndicate
Gabriel Zucman proposes that countries targeted by US tariffs retaliate with taxes on Elon Musk and his peers.
www.project-syndicate.org
February 28, 2025 at 2:26 PM
Reposted by Davide Pace
katharinabruett.bsky.social
Come join us for the 'Gender in Society' Summer Course at the @tinbergeninstitute.bsky.social in Amsterdam!

This was a lot of fun to teach last year, very much looking forward to doing this again 🤩
tinbergeninstitute.bsky.social Tinbergen Institute @tinbergeninstitute.bsky.social · Feb 21
☀️ Summer Course Spotlight - Gender in Society (July 21-25, 2025)

Early Bird Fee until April 15: tinbergen.nl/gender-in-so...

Faculty: Klarita Gërxhani & Katharina Brütt
@katharinabruett.bsky.social
@vusbe.bsky.social

#EconSky #SummerSchool #TinbergenInstitute
Gender in Society
tinbergen.nl
February 25, 2025 at 8:38 AM
Reposted by Davide Pace
georgweizsaecker.bsky.social
A thread worth reading
glandsbergis.bsky.social Gabrielius Landsbergis @glandsbergis.bsky.social · Feb 15
Once again I am leaving the Munich Security Conference in a low mood. Amongst all the noise, the US signalled their plans for Europe, so things are becoming clearer. But things are clearly not good.
This is what we now know, and what we have to do about it:🧵1/17
February 16, 2025 at 8:55 AM
Reposted by Davide Pace
erikangner.com
Don’t know how to express this forcefully enough but sometimes dudes have to say something for people to listen ➡️ Women and girls belong in science and we’re all better off bc of our trans and cis female mentors, colleagues, and students 🙏
zjayres.bsky.social Dr Zoë Ayres @zjayres.bsky.social · Feb 11
On International Day of Women and Girls in Science, a reminder to not close your eyes and turn away from what is happening in the US right now. Fascism is an assault on scientific integrity, knowledge, and innovation.

www.chron.com/news/space/a...
NASA to wipe mentions of women, Indigenous people from websites
NASA employees told to remove mentions of women, indigenous people, and environmental justice from websites.
www.chron.com
February 11, 2025 at 8:28 AM
Reposted by Davide Pace
tfwerner.com
Just used Gemini Live to participate in a beh. experiment without even reading the instructions or speaking the language.

LLMs acting as participants on platforms like Prolific could pollute data meant to study humans. With OpenAI’s operator model, this issue is growing.

🎥👇
youtu.be/NujyGZSA7Hg
Participating in a behavioral experiment with Gemini Live
YouTube video by Tobias Werner
youtu.be
January 24, 2025 at 3:57 PM