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Elsevier shuts down its finance journal citation cartel

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On Christmas Eve, 9 “peer-reviewed” economics papers were quietly retracted by Elsevier, the world’s largest academic publisher.

This includes 7 papers in the International Review of Financial Analysis (a good journal—it has an 18% acceptance rate):

Plus two more retractions in Finance Research Letters (29% acceptance rate):

Two days later, three more papers were retracted at the International Review of Economics & Finance (30% acceptance rate):

Combined, these 12 papers have 5,104 citations.

All 12 papers had one thing in common: Brian M Lucey, Professor of International Finance and Commodities, Trinity College Dublin — the #1 ranked economics and business school in Ireland — as a co-author.

Lucey published 56 papers in 2025, one paper every 6.5 days. Lmao.

Lucey has published 44 papers in Finance Research Letters alone, an Elsevier journal he edited.

Professor Brian Lucey

I emailed Lucey for comment, but he did not respond.

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