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Two years ago, 24,550 science and engineering doctorates have been earned by students attending U.S. universities. That was down from slightly more than 25,500 in 2001 and from a peak of 27,300 in 1998, based on information from the Nationwide Science Foundation. More recently, a survey by the Council of Graduate Schools found a 32 % lower in purposes from international college students to U.S. graduate faculties for the fall.
“This creates an atmosphere where slight leads accumulate benefit, generally with the pace of a contagion. Salganik, Dodds and Watts (2006) have demonstrated that music downloads are powerfully affected by data on what different users have chosen. The extra salient that user information, the more markets are inclined to supply winner-take-all outcomes, although the precise winners are unimaginable to predict before the method begins. Below such circumstances, the “wisdom of crowds” (Surowiecki, 2004) will not be a reliable measure of high quality, nevertheless it concentrates public consideration nonetheless.