In Pursuit for Impeccable Veracity

Sergey V. Popov

Research output: Contribution to journalArticle

Abstract

I study the institution of avoiding hiring one’s own Ph.D. 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.
Original languageEnglish
Pages (from-to)273-275
Number of pages3
JournalEconomics Letters
Volume114
Issue number3
DOIs
Publication statusPublished - Mar 2012

Keywords

  • Academic inbreeding
  • Moral hazard
  • Knowledge
  • Information dissemination

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

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