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Sea-Floor Depth and the Lake Wobegon Effect
The 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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A Framework for Reconsidering the Lake Wobegon Effect
The Lake Wobegon Effect (LWE) describes the potential measurement-error bias introduced into survey-based analyses of education issues. Although this effect potentially applies to any student-report variable, the systematic overreporting of academic achievements such as grade point average is often of preeminent concern.
Marianne Johnson +2 more
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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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Educational Measurement: Issues and Practice, 1990
What is the Lake Wobegon Effect? How can we explain this phenomenon? Is the Lake Wobegon Effect an artifact of the methodology used in the 1987 study?
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What is the Lake Wobegon Effect? How can we explain this phenomenon? Is the Lake Wobegon Effect an artifact of the methodology used in the 1987 study?
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The “Lake Wobegon effect”: Implications for the assessment of exceptional children
Journal of School Psychology, 1991In 1988, the summer issue of Educational Measurement: Issues and Practice was devoted to discussions of the “Lake Wobegon effect.” This effect refers to Cannell's (1987) conclusion that all 50 states were above the national average in performance on standardized achievement tests.
Russell N Carney
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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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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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Benchmark to escape from Lake Wobegon
Purpose – This paper aims to investigate whether an employee reports an accurate view of the relative performance level of the organisation for which they work.
Simon Croom, Dawei Lu
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Distortion of Average Class Size: The Lake Wobegon Effect
Allen Schwenk
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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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