If wages reflect merit, why do they seem so arbitrary?
Mr. Mullainathan, an associate professor of economics at the Massachusetts Institute of Technology, said his work showed that executives have wide discretion in their salaries, which do not always reflect merit.
The assumptions are that: (1) citation of an article implies use of that document by the citing author, (2) citation reflects the merit (quality, significance, impact) of the article, (3) references are made to the best possible works, and (4) an article is related in content to the one in which it is cited.
Probably no stock better reflects the merits of value investing.
Philip Mitchell, a spokesman for the stud farm, near Newmarket, said: "The fee for Frankel reflects his merits as being perhaps the greatest racehorse we have ever witnessed".
Meanwhile, the box-office success of "Midnight in Paris," though incidental to its merit, reflects Allen's belatedly acquired status as a survivor, as a prophet of a now-distant past.
More than any superhero movie I've seen, "Ant-Man" reflects the primal merit of comic books themselves — the opening of transcendent dimensions that ordinary life doesn't offer, but in terms that a child can understand — and it does so with the gigantic quotation marks that are central to the experience of reading comic books.
She also wants emphasis on those who work against all forms of discrimination and for the list to reflect the merits and achievements of people from all walks and parts of the United Kingdom.
But already he has disproven several fundamental axioms of the academic world: that great original work (especially in math) is only done by young researchers, that the academic rank one holds reflects one's intellectual merit, and that contingent faculty have nothing to contribute to their fields.
