Matthew: Effect or Fable?
TL;DR: Hsu et al. as mentioned in this paper examined the impact of a major status-conferring prize that shifts actors' positions in a prestige ordering, and found evidence of a post-appointment citation boost but the effect is small and limited to a short window of time.
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Abstract: In a market context, a status effect occurs when actors are accorded differential recognition for their efforts depending on their location in a status ordering, holding constant the quality of these efforts In practice, because it is very difficult to measure quality, this ceteris paribus proviso often precludes convincing empirical assessments of the magnitude of status effects We address this problem by examining the impact of a major status-conferring prize that shifts actors' positions in a prestige ordering Specifically, using a precisely constructed matched sample, we estimate the effect of a scientist becoming a Howard Hughes Medical Institute HHMI Investigator on citations to articles the scientist published before the prize was awarded We do find evidence of a postappointment citation boost, but the effect is small and limited to a short window of time Consistent with theories of status, however, the effect of the prize is significantly larger when there is uncertainty about article quality, and when prize winners are of relatively low status at the time of election to the HHMI Investigator Program
This paper was accepted by David Hsu, entrepreneurship and innovation
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The Matthew effect in science funding.
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References
The Matthew effect in science. The reward and communication systems of science are considered.
TL;DR: The psychosocial conditions and mechanisms underlying the Matthew effect are examined and a correlation between the redundancy function of multiple discoveries and the focalizing function of eminent men of science is found—a function which is reinforced by the great value these men place upon finding basic problems and by their self-assurance.
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