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Awards Before and After the Nobel Prize: A Matthew Effect and/or a Ticket to one's own Funeral?

Author

Listed:
  • Ho Fai Chan
  • Laura Gleeson
  • Benno Torgler

Abstract

This study explores whether awards breed further awards and what happens after a researcher receives the Nobel Prize. We therefore collected data on all the 1901 to 1980 Nobel laureates in physics, chemistry and medicine or physiology, looking at the number of awards received each year for 50 years before and after obtaining the Nobel Prize. The results indicate an increasing rate of awards before the Nobel Prize, reaching the summit precisely in the year of the Nobel Prize. After this pinnacle year, awards drop sharply. Such a result is also confirmed when looking at the three different disciplines separately and when conducting a random-effects negative binomial regression model. Moreover, Nobel laureates in medicine or physiology generate more awards shortly before and after the Nobel Prize while laureates in Chemistry attract more awards as time progresses.

Suggested Citation

  • Ho Fai Chan & Laura Gleeson & Benno Torgler, 2013. "Awards Before and After the Nobel Prize: A Matthew Effect and/or a Ticket to one's own Funeral?," CREMA Working Paper Series 2013-09, Center for Research in Economics, Management and the Arts (CREMA).
  • Handle: RePEc:cra:wpaper:2013-09
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    Cited by:

    1. Thomas Heinze & Arlette Jappe & David Pithan, 2019. "From North American hegemony to global competition for scientific leadership? Insights from the Nobel population," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-14, April.
    2. Ho Fai Chan & Benno Torgler, 2015. "The implications of educational and methodological background for the career success of Nobel laureates: an investigation of major awards," Scientometrics, Springer;Akadémiai Kiadó, vol. 102(1), pages 847-863, January.
    3. Ho F. Chan & Franklin G. Mixon & Benno Torgler, 2018. "Relation of early career performance and recognition to the probability of winning the Nobel Prize in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 114(3), pages 1069-1086, March.
    4. Ho Fai Chan & Ali Sina Önder & Benno Torgler, 2015. "Do Nobel laureates change their patterns of collaboration following prize reception?," Scientometrics, Springer;Akadémiai Kiadó, vol. 105(3), pages 2215-2235, December.
    5. Bruno S. Frey & Anthony Gullo, 2020. "Sic transit gloria mundi: What remains of famous economists after their deaths?," Scientometrics, Springer;Akadémiai Kiadó, vol. 123(1), pages 283-298, April.
    6. Franklin G. Mixon & Benno Torgler & Kamal P. Upadhyaya, 2017. "Scholarly impact and the timing of major awards in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(3), pages 1837-1852, September.
    7. R. Bjørk, 2019. "The age at which Noble Prize research is conducted," Scientometrics, Springer;Akadémiai Kiadó, vol. 119(2), pages 931-939, May.
    8. Jelnov, Pavel & Weiss, Yoram, 2020. "Influence in Economics and Aging," IZA Discussion Papers 12887, Institute of Labor Economics (IZA).
    9. Ho Fai Chan & Benno Torgler, 2013. "The Implications Of Educational And Methodological Background For The Career Success Of Nobel Laureates: Looking At Major Awards," QuBE Working Papers 017, QUT Business School.
    10. R. Bjørk, 2020. "The journals in physics that publish Nobel Prize research," Scientometrics, Springer;Akadémiai Kiadó, vol. 122(2), pages 817-823, February.
    11. Chan, Ho Fai & Savage, David A. & Torgler, Benno, 2019. "There and back again: Adaptation after repeated rule changes of the game," Journal of Economic Psychology, Elsevier, vol. 75(PB).
    12. Elisabeth Maria Schlagberger & Lutz Bornmann & Johann Bauer, 2016. "At what institutions did Nobel laureates do their prize-winning work? An analysis of biographical information on Nobel laureates from 1994 to 2014," Scientometrics, Springer;Akadémiai Kiadó, vol. 109(2), pages 723-767, November.
    13. Ho Fai Chan & Franklin G. Mixon & Benno Torgler, 2019. "Fame in the sciences: a culturomics approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 118(2), pages 605-615, February.
    14. John H. Huston & Roger W. Spencer, 2018. "Using Network Centrality to Inform Our View of Nobel Economists," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 44(4), pages 616-628, September.

    More about this item

    Keywords

    Nobel prize; Nobel laureates; Matthew effect; awards; recognition;

    JEL classification:

    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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