Daniel Hamermesh, 14 December 2015

Academic economists, like any other group of professionals, are extremely competitive and concerned with measuring their own success. This column argues that that one cannot rank individual scholars’ achievements by the traditional summary measures, such as where their research is published or the institution with which they are affiliated. Properly judging success in economics requires paying attention to individual outcomes, not to aggregates that are poor signals of the individual results of which they are comprised.

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