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gjm comments on Why are Harvard's alumni so wealthy? - Less Wrong Discussion

11 Post author: JonahSinick 15 March 2014 06:47PM

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Comment author: gjm 17 March 2014 12:39:55PM *  0 points [-]

Oxford occupies a similar power law position in the UK

Does it?

The numbers in this newspaper article from 2013 suggest that (1) Cambridge has a substantial advantage over Oxford in total alumnar wealth (as opposed to number of wealthy alumni/ae) and (2) there are other rivals not all that far behind. I wouldn't want to make a large bet that there isn't a power-law distribution there, but it certainly doesn't seem much like the alleged US situation with Harvard alumni/ae twice as rich as any other university's.

[EDITED to add: It appears that these numbers come from the same organization as the Harvard ones.]

Comment author: IlyaShpitser 17 March 2014 02:44:11PM 0 points [-]

Right, in the UK they call it "Oxridge." But if you plot the histogram it will probably look like the power law also.

Comment author: knb 28 March 2014 04:42:03AM 2 points [-]

I've always heard it as "Oxbridge."

Comment author: gjm 17 March 2014 05:34:15PM 1 point [-]

It doesn't look like the same power law. The #alumni figures for UK universities go 401, 361, 273, 127, 106, 99. The figures for US universities go 2964, 1502, 1174, 889, 828, 658, 581, 568. The US figures drop hugely from #1 to #2 to #3. The UK figures don't.

(If you pretend that Oxford and Cambridge are in fact a single university, then you do get a nice power law fit with a much more negative exponent than for the US figures. But, as it happens, they are two different universities.)

Comment author: IlyaShpitser 19 March 2014 02:37:47PM 0 points [-]

That is interesting (although we would have to do a goodness of fit test).