The physics of The Peter Principle; the trumping power of the Dunning-Kruger Effect

Italian physicist Andrea Rapisarda presents his Ig Nobel Prize-winning research about The Peter Principle, at the Ig Nobel show at the University of Oslo. The show was the first stop of the 2016 Ig Nobel EuroTour. Behold the video: The 2010 Ig Nobel Prize for management was awarded to Alessandro Pluchino, Andrea Rapisarda, and Cesare Garofalo of the […]

Long-term results: Should You Trade Stocks Randomly?

The Ig Nobel Prize-winning Italian researchers who demonstrated the benefits, for organizations, of promoting people at random have turned their analytical weapons on a new target. Their new study examines what happens over the long term if one randomly, rather than systematically, chooses stocks: “Are random trading strategies more successful than technical ones?” A.E. Biondo, […]

TV interview with the promote-at-random researchers

RAI-3’s Telecamere program interviewed the three random-promotion researchers. Here is the full, glorious interview, in Italian: The trio — Alessandro Pluchino, Andrea Rapisarda, and Cesare Garofalo of the University of Catania, Italy — were awarded the 2010 Ig Nobel Prize in management for demonstrating mathematically that organizations would become more efficient if they promoted people at random. Their published study (which they […]

Robust goodness from random promotions

There’s new, corroborating research that organizations become more efficient when they promote people randomly. The University of Catania team that won the 2010 Ig Nobel Prize in management for the original, mathematical work, has published a new study: “Efficient Promotion Strategies in Hierarchical Organizations,” Alessandro Pluchino, Andrea Rapisarda, Cesare Garofalo, arXiv:1102.2837v2. “the efficiency of an […]

Random-promotion discoveries, now and then

Last month, three Italian researchers were awarded an Ig Nobel prize for demonstrating mathematically that organisations would become more efficient if they promoted people at random. But their research was neither the beginning nor the end of the story of how bureaucracies try – and fail – to find a good promotion method. Alessandro Pluchino, […]

The Nicolaides twist on random promotion

Phedon Nicolaides, professor at the European Institute of Public Administration, Maastricht, The Netherlands, proposes [in an essay in the Cyprus Mail] a twist on the Ig-Nobel-Prize-winning method of promoting people randomly in an organization: In September 2010 three Italian scientists won the infamous Ig Nobel prize in the category of management…. [Their solution, based on […]