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Exploring the role of talent and luck in getting success

Published 13 Nov 2018 in physics.soc-ph and q-fin.GN | (1811.05206v1)

Abstract: We review recent numerical results on the role of talent and luck in getting success by means of a schematic agent-based model. In general the role of luck is found to be very relevant in order to get success, while talent is necessary but not sufficient. Funding strategies to improve the success of the most talented people are also discussed.

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