Peer Review and Economic Implications in Psychology

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Explain the economic implications of psychology
Economic implications of psychological research refers to the usefulness of psychological findings that impact the economy. This considers the benefits and costs for both the individual and government.
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Define peers
Psychologists who scrutinise each other's research. The most common way in which psychological research is published is through journals.
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What are the aims of peer review?
Allocation of research funding, publication of research in academic journals+books (peer review prevents incorrect or faulty data entering the public domain), assessing the research rating of uni departments - whether to fund the department.
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What is a strength of peer review?
Validity+valuable - establishes validity of research based upon the expert knowledge of other researchers in the discipline, preventing falsified work from being published. Provides valuable feedback so they can improve+revise their papers before.
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What are the weaknesses of peer review?
Publication bias-most findings are built on previous theories=if research doesn't 'fit' with previous work=rejected for publication. Problems of validation-peer review can fail to detect fraudulent research, i.e. falsification, fabrication+plagiaris.
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Card 2

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Define peers

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Psychologists who scrutinise each other's research. The most common way in which psychological research is published is through journals.

Card 3

Front

What are the aims of peer review?

Back

Preview of the front of card 3

Card 4

Front

What is a strength of peer review?

Back

Preview of the front of card 4

Card 5

Front

What are the weaknesses of peer review?

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