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Economist on "Suppose you win a Chicago Lee prize, can you upgrade your PhD to MIT or Harvard"

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or Stanford or Princeton or Yale or Berkeley?

I mean you have already shown that you are one of the top students that Chicago will push in 4 years and will get a top placement so this has to be a good candidate. Do Harvard and MIT and Stanford try to poach these students with better financial packages? How much more do they offer over Chicago's stipends?

Also for all the losers that didn't get a Lee prize, you are not going to get pushed on the market in 4 years time so you know your placement is going to suck. Why do you choose to stay in the program after this loss?


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