When Reinforcing Processes Generate an Outcome-Quality Dip

The authors are grateful for ideas and input from Ron Burt, Nick Chater, Amir Goldberg, Thomas House, Greta Hsu, Stefan Jonsson, Thorbjorn Knudsen, Ozgecan Kocak, Balazs Kovacs, Gael Le Mens, Ray Reagans, Olav Sorenson, Ezra Zuckerman, and seminar participants at University of Chicago Booth School of Business, Sloan School of Management, Massachussetts Institute of Technology, Stern School of Business, New York University, Yale School of Management, Frankfurt School of Finance and Management, IESE, Goizeta Business School, Emory University, Rady School of Business, University of California San Diego, Institute of Analytical Sociology, Linkoping University, Sweden, Vienna School of Economics, the 2018 Analytical Sociology conference at Stanford University, and the 2018 Theoretical and Organizational Model Society meeting. The authors are also grateful to their senior editor Felipe Csaszar and three anonymous reviewers for their thoughtful guidance and suggestions.