The Value of Awards
The distribution of awards can be a double-edged sword; while they are low-cost tools for gaining favor, over-awarding can dilute their significance. Conversely, restricting awards to established stars can stifle innovation and overlook groundbreaking contributions from outsiders. The case of an extraordinary economist illustrates how perceptions of behavior can influence who receives prestigious accolades, ultimately shaping the landscape of recognition in academia.In this clip
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