Uncompetitive contests for grades, promotions, retention, and job assignments, which feature lax standards limited candidate pools, are often criticized being unmeritocratic. We show that, when contestants strategic, exclusivity can make selection more meritocratic. When many compete a few strategic adopt high-risk strategies. Risk-taking reduces the correlation between performance ability. Thr...

Abstract We present a model where more accurate information on the background of individuals facilitates statistical discrimination, increasing inequality and intergenerational persistence in income. Surprisingly, actual capabilities workers leads to same result—firms give increased weight information, inequality, which itself fosters discrimination. The rich take advantage this through educati...

Augusto Del Noce is widely regarded in his home country of Italy as one the most important political philosophers second half twentieth century. Noce's work covers a range topics including modernity, technology, contemporary Catholicism, secularism, eroticism, communism, fascism, and progressivism. Although holds distinguished place within Italian philosophical intellectual circles, has largely...

The belief that status in society is based on merit is a central feature of the American Dream. This belief system justiWes status inequalities by locating the cause of status diVerences in the individual talents and eVorts of group members. We hypothesized that activating meritocratic beliefs increases the extent to which individuals psychologically justify status inequalities, even when those...