orgtheory.net

superstar markets

Got into a discussion last week about superstar markets. Academia, like many cultural/intellectual markets, has the property that a small slice of the top gets the most rewards. Very non-linear. Read Sherwin Rosen’s original article here. It’s a classic.

Written by fabiorojas

August 9, 2009 at 2:33 am

Posted in economics, fabio

2 Responses

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  1. It’s interesting you post this, Fabio. I just finished going through Paul Attewell’s article on the “winner-take-all” mentality and system in top high schools that perpetuates the “superstar” status of a select group of their students to the detriment of the rest of their student population. All of this has the selective college admissions process in mind. Fairly interesting article.

    Here’s the citation:
    Attewell, Paul. 2001. “The Winner-Take-All High School: Organizational Adaptations to
    Educational Stratification.” Sociology of Education 74: 267-295.

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    Hillbilly

    August 9, 2009 at 4:21 pm

  2. […] in a prior post on “superstar markets” our friends at orgtheory.net come right to the point and note that “[a]cademia, like many cultural/intellectual markets, […]

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