Results 91 to 100 of about 157 (119)
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The Lake Wobegon Effect Revisited
Educational Measurement: Issues and Practice, 1988In the summer 1988 Issue of EM, John Cannell presented evidence Indicating that most states and schools are scoring above average on nationally normed elementary achievement tests. This phenomenon has come to be known as the Lake Wobegon Effect after the mythical town of Lake Wobegon where all children are above average.
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The Lake Wobegon Effect: A Skeleton in the Testing Closet?
Educational Measurement: Issues and Practice, 1988In this article, officials of the U.S. Department of Education explain what they think of the “Lake Wobegon” phenomenon brought to widespread attention by Dr. Cannell– and what the Department is doing about it.
Chester E Finn
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Compensation and risk: A perspective on the Lake Wobegon effect
Journal of Banking and Finance, 2019Abstract We investigate an alternative economic channel of a positive relationship between risk and compensation, as documented by Cheng et al. (2015). We propose that when information asymmetry exists, firms generally seek to use compensation as a signal of their CEOs’ ability.
Jiangyuan Li +2 more
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Sea-Floor Depth and the Lake Wobegon Effect
Science, 1997The ways in which actual measurements of sea-floor depth differ from average depths predicted by models of the solid Earth may provide useful information about how the planetary heat engine works. Actual depth is a function of plate tectonics and planetary heat flow. As S. Stein and C.
Carol A Stein
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The College Mathematics Journal, 2012
We introduce Lake Wobegon dice, where each die is “better than the set average.” Specifically, these dice have the paradoxical property that on every roll, each die is more likely to roll greater t...
Jorge Moraleda, David G. Stork
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We introduce Lake Wobegon dice, where each die is “better than the set average.” Specifically, these dice have the paradoxical property that on every roll, each die is more likely to roll greater t...
Jorge Moraleda, David G. Stork
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CEO Pay and the Lake Wobegon Effect
SSRN Electronic Journal, 2008The "Lake Wobegon Effect," which is widely cited as a potential cause for rising CEO pay, is said to occur because no firm wants to admit to having a CEO who is below average, and so no firm allows its CEO's pay package to lag market expectations. We develop a game-theoretic model of this Effect.
Rachel M. Hayes, Scott Schaefer
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The Accounting Review, 1986
Abstract Reviews the book "Lake Wobegon Days," by Garrison Keillor.
Harvey S. Hendrickson, null H. S. H.
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Abstract Reviews the book "Lake Wobegon Days," by Garrison Keillor.
Harvey S. Hendrickson, null H. S. H.
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