News for hackers. Stuff that matters.

A comment on Swedish Academy Won’t Award Nobel Prize in Literature This Year. Parent comment

Re:Swedish Academy Won’t Award Nobel Prize in Literature Thi... by Moodles on Friday May 04, 2018 @08:56AM (#16994198)
Indeed. One prize gets 1% prestige, so people want to win it. More people want to win it, so the prize gains more prestige, etc.
[ Parent | on HN ]
Re:Swedish Academy Won’t Award Nobel Prize in Literature Thi... by ska on Friday May 04, 2018 @10:22AM (#16994784)
So you've answered your own questions as to why this isn't strange at all - it's just how social capital works.

Why else would the premier restaurant review have been started by a tire company? It's all path dependence, and once you get enough momentum behind one choice it becomes self reinforcing.

[ Parent | on HN ]
Re:Swedish Academy Won’t Award Nobel Prize in Literature Thi... by Moodles on Friday May 04, 2018 @12:12PM (#16995701)
> So you've answered your own questions

Yes, I am trying to.

[ Parent | on HN ]