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The Incentive Properties of the St. Mathew Effect in Academic Competition
[Les propriétés incitatives de l'effet Saint Matthieu dans la compétition académique]

Author

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  • Nicolas Carayol

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique, ADIS - Analyse des Dynamiques Industrielles et Sociales - UP11 - Université Paris-Sud - Paris 11 - Département d'Economie)

Abstract

This paper is concerned with the incentive properties of the St Matthew Effect by which since Merton [1968] one usually describing the various cumulative advantages that obviously affect academic competition. We introduce a model of sequential contests in which the agents that have initially produced more are the ones that will be further advantaged in that they are benefiting from intrinsically more productive research positions. We show that there is an optimal level of the Matthew effect and that this optimal dynamic bias is increasing with the risk of research activity while it is decreasing with the initial inequalities.

Suggested Citation

  • Nicolas Carayol, 2006. "The Incentive Properties of the St. Mathew Effect in Academic Competition [Les propriétés incitatives de l'effet Saint Matthieu dans la compétition académique]," Post-Print hal-00279387, HAL.
    • Handle: RePEc:hal:journl:hal-00279387
    DOI: 10.3917/reco.575.1033
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