In pursuit for impeccable veracity

Sergey Popov

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

Keywords: academic inbreeding; moral hazard; knowledge; information dissemination (search for similar items in EconPapers)
JEL-codes: A11 D43 D83 L13 (search for similar items in EconPapers)
Date: 2011-08-18, Revised 2011-10-31
New Economics Papers: this item is included in nep-cta
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Related works:
Journal Article: In pursuit of impeccable veracity (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:34414

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