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Two years in the past, 24,550 science and engineering doctorates were earned by college students attending U.S. universities. That was down from barely more than 25,500 in 2001 and from a peak of 27,300 in 1998, according to knowledge from the Nationwide Science Basis. Extra recently, a survey by the Council of Graduate Faculties found a 32 % lower in purposes from worldwide college students to U.S. graduate faculties for the fall.
“This creates an atmosphere where slight leads accumulate advantage, typically with the pace of a contagion. Salganik, Dodds and Watts (2006) have demonstrated that music downloads are powerfully affected by info on what other customers have chosen. The extra salient that person info, the more markets are inclined to provide winner-take-all results, though the precise winners are unattainable to predict earlier than the process begins. Beneath such circumstances, the “wisdom of crowds” (Surowiecki, 2004) will not be a reliable measure of quality, but it surely concentrates public attention nonetheless.