peer review and psychological research and the economy

• Peer review


  The assessment of scientific work by experts in the same field, it is done to make sure that all research intended to eventually be published is of high quality
• Purposes of peer review

  • To know which research is worthwhile hence funding can be allocated to it
  • To validate the relevance and quality of research. This is important to prevent fraudulent research from being released to the public
  • To suggest possible improvements or amendments to the research study
• Anonymity in peer review affects the objectivity of reviewers
• There is publication bias involved in peer review
• In peer review, any research that opposes mainstream theories tends to be suppressed
• Implications of psychological research for the economy

  How what we learn from psychological research influences our country's economic prosperity
• Examples of how psychological research has implications for the economy

  • Psychopathology treatments improving worker productivity
  • Attachment research enabling more flexible working arrangements
  • Social influence research leading to effective health/environmental campaigns
  • Memory research improving eyewitness testimony and reducing wrongful convictions