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The incentive properties of the Matthew Effect in the academic competition

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  • Nicolas Carayol

Abstract

This paper is concerned with the incentive properties of the Matthew Effect by which since Merton [1968] one is 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 principally 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, 2003. "The incentive properties of the Matthew Effect in the academic competition," Working Papers of BETA 2003-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    • Handle: RePEc:ulp:sbbeta:2003-11
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    References listed on IDEAS

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    9. Carayol, Nicolas, 2003. "Objectives, agreements and matching in science-industry collaborations: reassembling the pieces of the puzzle," Research Policy, Elsevier, vol. 32(6), pages 887-908, June.
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    2. Driouchi, Ahmed & Achehboune, Amale, 2015. "North-South Cooperation in Medical Education and Research: The European Union and South Mediterranean Economies," MPRA Paper 67345, University Library of Munich, Germany.

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    More about this item

    Keywords

    Matthew Effect; cumulative advantages; sequential contests; academic competition.;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • J78 - Labor and Demographic Economics - - Labor Discrimination - - - Public Policy (including comparable worth)

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