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Magnification and Correction of the Acolyte Effect: Initial Benefits and Ex Post Settling up in NFL Coaching Careers

What are the long-term consequences of initially beneficial high-reputation workplace ties? Under uncertainty, acolytes (i.e., subordinates with work connections to high-reputation industry leaders) are likely to benefit in terms of signaling fitness for promotion in the external job market. Analysis of promotion outcomes of coaches in the NFL over 31 years showed that the acolyte effect was reduced for individuals for whom uncertainty was the least (acolytes with considerable industry experience or high centrality in the co-worker industry network). There was no support for either a knowledge-transfer or an intrinsic quality explanation for why acolytes initially gained advantage. Rather, the evidence supported the idea that ties to high-reputation leaders were somewhat randomly distributed so that acolytes faced ex post settling up consequences after their promotions: fewer further promotions or lateral moves, more demotions. Thus, acolytes initially benefited from a loose-linkage between their unobservable quality and signals offered by their industry-leader ties, but they also suffered as the unreliability of social network signals became evident. The results suggest that a competitive job market may exhibit self-correction over time. We offer countervailing theory and evidence to the prevailing view that high-reputation third-party endorsements perpetuate a rich-get-richer social structure resistant to performance outcomes.




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Regulation with Experimentation: Ex Ante Approval, Ex Post Withdrawal, and Liability [electronic journal].




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Centre admonishes X, Meta on bomb hoax posts

X and Meta officials were severely reprimanded for not divulging information in time about the bomb threats




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Flat opening seen for Nifty, Sensex post Fed rate cut

Global markets are positive but analysts concerned over local macros




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Sensex zooms 997 pts, Nifty ends April F&O expiry at 9,860; India VIX posts worst month ever

Sensex zooms 997 pts, Nifty ends April F&O expiry at 9,860; India VIX posts worst month ever





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Kat Von D is sorry about that anti-vaxx post: 'I was completely uninformed'

Tattoo artist Kat Von D also clears the air about parting ways with her beauty brand, her new vegan shoe line and her upcoming music career.




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Minimax posterior convergence rates and model selection consistency in high-dimensional DAG models based on sparse Cholesky factors

Kyoungjae Lee, Jaeyong Lee, Lizhen Lin.

Source: The Annals of Statistics, Volume 47, Number 6, 3413--3437.

Abstract:
In this paper we study the high-dimensional sparse directed acyclic graph (DAG) models under the empirical sparse Cholesky prior. Among our results, strong model selection consistency or graph selection consistency is obtained under more general conditions than those in the existing literature. Compared to Cao, Khare and Ghosh [ Ann. Statist. (2019) 47 319–348], the required conditions are weakened in terms of the dimensionality, sparsity and lower bound of the nonzero elements in the Cholesky factor. Furthermore, our result does not require the irrepresentable condition, which is necessary for Lasso-type methods. We also derive the posterior convergence rates for precision matrices and Cholesky factors with respect to various matrix norms. The obtained posterior convergence rates are the fastest among those of the existing Bayesian approaches. In particular, we prove that our posterior convergence rates for Cholesky factors are the minimax or at least nearly minimax depending on the relative size of true sparseness for the entire dimension. The simulation study confirms that the proposed method outperforms the competing methods.




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Here's how you can give your skin right detox post-wedding season

Wedding always brings a smile on your face and why not? After all, it also gives you a chance to shop till you drop. But have you ever realised that long hours of makeup, excessive consumption of oily food and sweets and lack of sleep can result in dull, parched skin that is easily acne prone and pigmented? So, this wedding season, be a little smart, say experts. Sangeeta Velaskar, Vice President and Head, Medical Services and R&D, Kaya Limited gives you some easy tips to put your beauty anxieties to rest:

1. Besides opting for a skin detox or a facial, it is crucial to take care of your skin as we embark on the winter season. Therefore, limit the use of makeup products as much as possible and opt for a clean, minimalistic look

2. Incorporate the basic regime of cleansing, toning and moisturizing

3. Once or twice a week, use a gentle exfoliator and massage your face in a slow, circular motion to ensure good blood circulation and remove dead skin cells

4. Moisturize your skin at all times and even when you go out, do not forget to apply sunscreen

5. If possible, incorporate a night time regimen that includes Vitamin C to renew face cells and restore skin elasticity

7. Use products that have ingredients such as marine extracts, tea tree oil and mulberry extracts. They are a rich source of proteins and a powerhouse of nutrients that reverse the effects of ageing

8. A good facial is of course, the perfect way to detox, restore and rejuvenate your skin whether you're tired, run-down, stressed or in need of a quick fix

9. It is rightly said, that you are what you eat so consume lots of fruits, nuts and sprouts in your diet. Drink enough water to keep the body hydrated and include fruits and vegetables that have high water content such as watermelons, cucumbers, strawberries and peaches. If possible, drink at least one glass of vegetable juice to increase the fiber intake

Also, Blatrix Marion, Eau Thermale Avène Sensitive Skin Expert, lists some easy detox tips to give a fresh start to your skin:

1. While cleansing should be a daily habit, you should prefer certain products when undertaking a skin detox: choose a soap-less and gentle formula.

2. Your skin needs a deep, exfoliating clean, but be very careful to be gentle! Choose a 3-in-1 mask-scrub is a clarifying clay that turns into a scrub to deeply cleanse and exfoliate the skin leaving the complexion fresh and matte.

3. Once a week indulge in a home spa ritual. Choose a quiet evening and get into the mood with nice soothing music and a cup of nettle tea. Do easy home masks with thermal spring water. It guarantees continuous and prolonged contact of water with skin, thus enabling skin to enjoy the water's soothing and anti-irritating properties more rapidly and recover instant comfort and well being.

4. Use cotton wool pads soaked with thermal spring water placed gently over the eyes to prevent dryness from allergies or use of contact lenses

5. Use SPF based products to protect your skin from external aggressions

6. Always remember that ‘Less is More'. Your skin needing a detox means you should be using as less products as possible for some time. Also prefer products with gentle and minimum number of ingredients





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Felicity Jones joins cast of upcoming Netflix post-apocalyptic drama starring George Clooney

The 35-year-old English actress has joined the cast of a Netflix post-apocalyptic drama starring George Clooney, 58.




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F1 star Daniel Ricciardo reveals how he's been keeping busy with first eight Grands Prix postponed

Daniel Ricciardo reveals he is still benefitting from a good training regime despite coronavirus disrupting plans for the 2020 Formula One calendar. 




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Chinese Grand Prix Postponed Over Coronavirus Fears

Chinese Grand Prix was originally planned for April 19 but has been postponed due to fears of coronavirus.




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Dutch, Spanish and Monaco Formula One Grand Prix Postponed Due to Coronavirus

The halt on Formula One season extended due to coronavirus chaos as Dutch, Spanish and Monaco GPs were postponed.




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Azerbaijan Grand Prix Postponed Due to Coronavirus, No F1 Season Till Mid-June

Azerbaijan Grand Prix is the latest F1 event to be postponed due to coronavirus with the first eight races swept aside.




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Formula 1’s Chinese Grand Prix postponed due to coronavirus