Edward P. Lazear
Hoover Institution and Graduate School of Business
Revision 10/12/00
Abstract
Many have observed that individuals perform worse after having received a promotion. The
most famous statement of the idea is the Peter Principle, which states that people are promoted to
their level of incompetence. There are a number of possible explanations. Two are explored. The
most traditional is that the prospect of promotion provides incentives which vanish after the
promotion has been granted; thus, tenured faculty slack off. Another is that output as a statistical
matter is expected to fall. Being promoted is evidence that a standard has been met. Regression
to the mean implies that future productivity will decline on average. Firms optimally account for the
regression bias in making promotion decisions, but the effect is never eliminated. Both explanations
are analyzed. The statistical point always holds; the slacking off story holds only under certain
compensation structures.
The paper is here.
Showing posts with label Promotion. Show all posts
Showing posts with label Promotion. Show all posts
Wednesday, April 25, 2018
Thursday, August 7, 2014
Social media, big data and the next generation of e-health interventions
By Professor Helen Christensen
MAPS, Executive Director
Black Dog Institute and Professor of Mental Health, University of New South Wales
The Internet is a place where we, as psychologists, can quickly learn about new developments in our area, source research papers, publish research, connect with our colleagues and clients, undertake online training, manage accounts, and keep records. For those who use our services, we can also learn about useful apps or websites that offer online assessments, psychoeducation, self-help and supplementary therapies. However, as ordinary people in everyday life, we use the Internet far more frequently. We make social connections, keep in touch with our families, pay bills, upload our exercise data from our Jawbones and Fitbits, send out invitations, make appointments, read the news, text our family members, look at television programs we missed over the past week and even check the rain radar before we walk to work. Internet enabled activities are ubiquitous in Australia, as they are in almost all countries, and we can’t get enough of them.
The entire article is here.
MAPS, Executive Director
Black Dog Institute and Professor of Mental Health, University of New South Wales
The Internet is a place where we, as psychologists, can quickly learn about new developments in our area, source research papers, publish research, connect with our colleagues and clients, undertake online training, manage accounts, and keep records. For those who use our services, we can also learn about useful apps or websites that offer online assessments, psychoeducation, self-help and supplementary therapies. However, as ordinary people in everyday life, we use the Internet far more frequently. We make social connections, keep in touch with our families, pay bills, upload our exercise data from our Jawbones and Fitbits, send out invitations, make appointments, read the news, text our family members, look at television programs we missed over the past week and even check the rain radar before we walk to work. Internet enabled activities are ubiquitous in Australia, as they are in almost all countries, and we can’t get enough of them.
The entire article is here.
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