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Data · dataset · 2023

Expert opinion and compensation: Evidence from a musical competition [Dataset]

Listed in IISH Dataverse

Pianists who achieve high scores in the Queen Elizabeth musical competition are rewarded by subsequent success.

Description

This is not surprising in itself, but it is not immediately clear whether this is caused by the score or because those who have high scores are better pianists. Data on eleven consecutive competitions make it possible to distinguish between the two explanations, since an unexpected situation allows us to use an instrumental variable (the randomly assigned order in which musicians appear at the competition), uncorrelated with ability, but correlated with the results of the competition.

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Where it is published

Catalogue records · 1

Topics

Stated by source
Business and Management
From keywords
Economics & Finance
Provenance · 1 source records, 8 field assertions
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IISH Dataversedoi:10.34894/SOMGI510 d agoJSON v1
FieldAssertionExtractorEvidence
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