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twofish-quant said:Personal experience. If it's different for you, then maybe you know different people.
Those survey numbers are so wildly at variance with my person experience, that I question the validity. This is one of those, who do you believe some random survey or your own eyes? There are enough crap surveys out there that you have to go through a ton of convince to convince my that they have any validity, and even then if survey says X and I see Y, then there is still something to be explained.
I'm surprise to see such things coming from you. Are you telling us that you cannot tell the difference between ONE data point versus MANY data points? A survey tries to sample a lot of data points, the more the better. You survey ONE data point. And you're asking why your data point is different than a collection of MANY data point? You honestly cannot see the difference?
Why indeed? People are starting to ask that question, and those departments are getting their funding cut. Let me ask another question. Why to physics professors make more money then history professors, and why do business/finance professors make more money than physics professors?
Supply and demand, opportunities, and money generated!
History vs. physics prof: A physics professor tends to being in MORE external funding. A professor that can consistently obtain such external funding not only is highly prized at a university, he/she is also highly sought-after at other institutions! Not only that, depending on that person's area of specialization, he/she is also desirable at private companies. You want to keep such a person, you pay him/her more!
Physics versus business/finance: See last part of my argument above. A finance professor has more opportunities to go elsewhere.
Zz.