Latest / unSILOed with Greg LaBlanc
581. The Power of Status: Examining the Matthew Effect feat. Toby E. Stuart
How does status infiltrate all of our decisions, and how is status allocated in a networked society?Toby E. Stuart is a professor at the Haas School at UC Berkeley and also the author of the new book called Anointed: The Extraordinary Effects of Social Status in a Winner-Take-Most World.Greg and Toby discuss the influence of social status on various aspects of life, including consumer behavior, resource allocation, and decision-making. They explore the concept of the Matthew Effect (how status leads to more status), the interplay between status and merit, and the implications of prestige in…
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