How winning awards can drag down productivity

Big prizes can have a big impact, just not in the way you think

Cedric Villani
(Image credit: (STRINGER/INDIA/Reuters/Corbis))

Prestigious awards in academia can be like those carrots dangling in front of horses in cartoons — they drive the best scholars to sprint after a prize that, for most of them, stays just out of reach. The race for recognition produces great work, but what happens when a scholar is actually awarded with a carrot?

New research from Harvard's George J. Borjas and Kirk B. Doran shows that mathematicians who win the biggest prize produce less after receiving it than other contenders who were passed over.

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Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.