Economics, Econometrics and Finance
3 years ago

Fields Medal winners' productivity declines post-award, impacting knowledge generation.

The Journal of Human Resources
Prizes and Productivity
George J. Borjas, Kirk Doran

Paper Summary

Winning a prestigious math prize like the Fields Medal can actually decrease productivity in the long run. Winners start exploring new topics instead of writing papers, leading to a decline in output compared to non-winners.

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