Death of the salesman but not the sales force: how interested promotion skews scientific valuation

• Main Authors: Azoulay, Pierre (Author), Wahlen, Jesse Michael (Author), Zuckerman Sivan, Ezra W. (Author)
• Other Authors: Sloan School of Management (Contributor)
• Format: Article
• Language: English
• Published: University of Chicago Press, 2020-05-19T19:57:13Z.
• Subjects: Article
• Online Access: Get fulltext

 Whereas research has demonstrated how social cues appearing as disinterested social validation can skew valuation processes, interested promotion may be at least as important. This factor is examined here via the premature death of 720 elite life scientists. Especially when scientists are young and their articles have received little attention, their deaths stimulate a long-lasting, positive increase in citation rates, relative to trajectories for equivalent articles authored by counterfactual (i.e., still-living) scientists. These patterns seem largely explained by a spike in posthumous recognition efforts by the deceased scientists' associates. The upshot is clear evidence of informational inefficiency, which derives from the challenges of absorbing the massive volume of research produced by the scientific community and from its ambivalence about the norm of disinterestedness.