Autonomy or oligarchy? The changing effects of university endowments in winner-take-all markets
Sign Up to like & getrecommendations! Published in 2017 at "Higher Education"
DOI: 10.1007/s10734-017-0109-1
Abstract: This paper directs attention to important changes in the role and funding of elite private universities in the USA. At the center of these changes is the private endowment—an institution that has for much of… read more here.
Keywords: autonomy oligarchy; oligarchy changing; winner take; changing effects ... See more keywords
How tournament incentives affect asset markets: A comparison between winner-take-all tournaments and elimination contests
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2016.11.006
Abstract: We investigate the impact of investment managers׳ tournament incentives on investment strategies and market efficiency, distinguishing between winner-take-all tournaments (WTA), where a minority wins, and elimination contests (EC), where a majority wins. Theoretically, we show… read more here.
Keywords: take tournaments; investment; winner take; elimination contests ... See more keywords
Winner does not take all: Selective attention and local bias in platform-based markets
Sign Up to like & getrecommendations! Published in 2017 at "Technological Forecasting and Social Change"
DOI: 10.1016/j.techfore.2016.08.028
Abstract: We model how macro-level dynamics of platform competition emerge from micro-level interactions among consumers. We problematize the prevailing winner-take-all hypothesis and argue that instead of assuming that consumers value the general connectivity of an entire… read more here.
Keywords: take selective; selective attention; local bias; attention local ... See more keywords
The Winner-Take-All Mechanism for All-Optical Systems of Pattern Recognition and Max-Pooling Operation
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DOI: 10.1109/jlt.2020.3000670
Abstract: The winner-take-all (WTA) mechanism based on the inhibitory dynamics of vertical-cavity surface-emitting laser with an embedded saturable absorber (VCSEL-SA) neurons is proposed for the first time. The WTA mechanism is shown numerically in a photonic… read more here.
Keywords: mechanism; winner take; wta mechanism; pattern recognition ... See more keywords