Going down: Drop in rankings matters more than a rise
September 03, 2024
September 03, 2024
ITHACA, New York, Sept. 3 -- Cornell University issued the following news:
People love rankings but do they really mean all that much?
Sometimes they do, depending on several factors, according to Wyatt Lee, assistant professor in the Nolan School of Hotel Administration, in the SC Johnson College of Business.
Specifically, Lee found, a drop in rank is more impactful than a rise of similar magnitude. The availability of other information, a high prior posit . . .
People love rankings but do they really mean all that much?
Sometimes they do, depending on several factors, according to Wyatt Lee, assistant professor in the Nolan School of Hotel Administration, in the SC Johnson College of Business.
Specifically, Lee found, a drop in rank is more impactful than a rise of similar magnitude. The availability of other information, a high prior posit . . .