Academic superstars: competent or lucky?
نویسندگان
چکیده
منابع مشابه
The Economics of Superstars
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...
متن کاملBt Resistance Management: Have We Been Lucky or Smart?
Prior to the development of plants genetically engineered to express insecticidal crystal proteins (ICP) from Bacillus thuringiensis (Bt), Bt had been a relatively minor insecticide, with total sales <2% in the annual $8 billion global market. However by 2004, 22.5 million hectares of Bt crops (maize and cotton) were grown worldwide, making Bt one of the most widely used insecticides. Bt plants...
متن کاملSubstitution and Superstars
The existing superstar model (Rosen, 1981) does not require imperfect substitutes, and the convexity of total earnings with respect to talent is due to greater output for those with more talent. Our model explains why wages would increase at an increasing rate in talent. Imperfect substitutability between non-superstars and superstars with probabilistic production results in convexity in wage r...
متن کاملLucky Factors
We propose a new method to select amongst a large group of candidate factors — many of which might arise as a result of data mining — that purport to explain the cross-section of expected returns. The method is robust to general distributional characteristics of both factor and asset returns. We allow for the possibility of time-series as well as cross-sectional dependence. The technique accomm...
متن کاملDoes Globalization Create Superstars?
To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms compete both in the product market and in the managerial market. We show that globalization, i.e. the simultaneous integration of product markets and managerial pools, leads to an increase in the heterogeneity of managerial salaries. Typically, while the most able managers obt...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Synthese
سال: 2016
ISSN: 0039-7857,1573-0964
DOI: 10.1007/s11229-016-1146-5