In pursuit for impeccable veracity
I study the institution of avoiding to hire one’s school own PhD graduates for assistant professorships. I argue that this institution is necessary to create better incentives for researchers to incorporate new information in studies, facilitating the convergence to asymptotic learning of the studied fundamentals.
|Date of creation:||18 Aug 2011|
|Date of revision:||31 Oct 2011|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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- Boyan Jovanovic & Yaw Nyarko, 1994.
"Learning By Doing and the Choice of Technology,"
NBER Working Papers
4739, National Bureau of Economic Research, Inc.
- Hugo Horta & Francisco M. Veloso & Rócio Grediaga, 2010. "Navel Gazing: Academic Inbreeding and Scientific Productivity," Management Science, INFORMS, vol. 56(3), pages 414-429, March.
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