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For people whose profession revolves around making order out of seemingly-random observations, scientists sure are inconsistent at judging the work of other scientists. Why? It certainly doesn't seem to be like this at all levels. For example according to the GRE's website,
For the Analytical Writing section, each essay receives a score from two trained raters, using a six-point holistic scale. In holistic scoring, raters are trained to assign scores on the basis of the overall quality of an essay in response to the assigned task. If the two assigned scores differ by more than one point on the scale, the discrepancy is adjudicated by a third GRE reader. Otherwise, the two scores on each essay are averaged.
This implies that it's uncommon for two assigned scores to differ by more than one point on the scale, i.e. GRE essay raters usually agree. Similarly, as far as I know, undergraduate thesis readers, MS thesis readers and even PhD thesis readers don't usually come to diametrically opposed judgments on the piece of work. Yet once it gets to research-level material, peer reviewers no longer seem to agree. Why?
Answer
The biggest difference is that, up to PhD thesis level, the person doing the assessing is more of an expert than the person being assessed. In almost all these cases there is an agreed set of standard skills, techniques and knowledge that any assessor can be expected to possess and any assessee is being measured against.
This isn't so true of a PhD thesis, but in the end once a supervisor/thesis committee has green lit a student, almost all PhD theses are passed.
It's definitely not true higher up. In almost all cases the person being reviewed will be more of an expert in their work than anyone doing the reviewing. The only exceptions will be direct competitors, and they will be excluded. We are talking right at the edge of human knowledge, different people have different knowledge and skill sets.
I'm quite surprised that the GRE scores are so consistent. It’s long been known that essay marking is pretty arbitrary (see for example Diederich 1974[1]). Mind you 1 mark on a 6 mark scale is 15% – a pretty big difference. In our degree a 70 and above is a 1st class degree – the best mark there is, whereas 55 is a 2:2, a degree that won't get you an interview for most graduate jobs. Losing 15% on a grant assessment will almost certainly lose you the grant.
But even to obtain this level of consistency, the graders must have been given a pretty prescriptive grading rubric. In research, no such rubric exists; there are not pre-defined criteria against which a piece of research is measured, and any attempt to lay one down would more or less break the whole point of research.
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