Is Peer-Reviewing Worth the Effort?
Kenneth Church, Raman Chandrasekar, John E. Ortega, Ibrahim Said Ahmad
TL;DR
The paper reframes peer-review as a forecasting problem for future citations and compares reliance on venue against early citation signals. It shows that early citations $\rho$ are more predictive of future impact than venue across ACL, PubMed, and ArXiv, and demonstrates this with correlations and a regression framework. The results indicate that conditioning on early returns yields higher $h$-indices and mean impacts than relying on venue alone, with strong robustness across data sources. To address scalability, the authors propose a DontDoIt (DDI) alternative and a nomination-based approach that leverages early signals to reduce reviewer burden while preserving quality and transparency.
Abstract
How effective is peer-reviewing in identifying important papers? We treat this question as a forecasting task. Can we predict which papers will be highly cited in the future based on venue and "early returns" (citations soon after publication)? We show early returns are more predictive than venue. Finally, we end with constructive suggestions to address scaling challenges: (a) too many submissions and (b) too few qualified reviewers.
