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In pursuit for impeccable veracity

Popov, Sergey V. (2011): In pursuit for impeccable veracity. Forthcoming in: Economics Letters

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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.

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