Affirmative Action in Hierarchies
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https://www.nber.org/papers/w11213
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If promotion in a hierarchy is based on a random signal of ability, rates of promotion will be affected by risk-taking. Further, the numbers and abilities of risk-takers and non-risk-takers will be different at each stage of the hierarchy, and the ratio will be changing. I show that, under mild
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美国国家经济研究局创建时间：
2005-03-01
