Less competition, more meritocracy?

Uncompetitive contests for grades, promotions, retention, and job assignments, which feature lax standards and limited candidate pools, are often criticized for being unmeritocratic. We show that, when contestants are strategic, lax standards and exclusivity can make selection more meritocratic. Whe...

Full description

Bibliographic Details
Main Authors: Fang, D, Noe, T
Format: Journal article
Language:English
Published: University of Chicago Press 2021