Big fish – little pond | Pedleysmiths Blog

It’s taken me a little time to get round to reading the latest Malcolm Gladwell (MG) book, David and Goliath, underdogs, misfits and the art of battling giants. Although consisting of three separate sections they all examine the idea of what it means to have an advantage and how we account for the success of the underdog.

Of all the ideas MG lays before the reader, the one I felt was of most interest is something called the big fish little pond effect (BFLPE) and the theory of relative deprivation.

Relative deprivation theory (RDT)

Relative deprivation refers to the discontent people feel when they compare their positions to others and realise they have less. e.g. I judge myself to be successful on the basis I have a brand new car that cost £15,000. That is until my neighbour pulls on the drive with a brand new BMW costing £30,000, now how successful do I feel?

MG applies this theory to the world of academia. If you take Harvard’s Economics PhD programme and consider the number of times each PhD graduate was published in the last 6 years, Harvard’s top students will do this 4.31 times. Those that are about 5th or 6th in the class publish .71 times and those that are about average .07 times. If however you compare these results to a “mediocre” school, say the University of Toronto, where MG went, the top students will publish 3.13 times, those that are 5th or 6th .29 times and those that are average .05 times. The point being that students who attend a much lesser university but where they are top of their group perform considerably better than the 5/6^th best at Harvard. The question is why?

The smarter your peer group the dumber you feel…..

This is where RDT comes in, we tend to judge our ability by comparing with others, and if you are in a class with very smart people who always do better than you, your perception of your own ability will be effected. The second problem is that this self perception will have a significant impact on your behaviour and ultimately what you achieve, hence the results above. The implication, you will achieve more if you are in a class with others of equal or less ability than yourself.

Bottom line, your performance will improve if you are a big fish in a small pond. It’s even called, the big fish little pond effect (BFLPE)

But what to do?

Admittedly you can’t always pick and choose your peer group, but you can be aware that comparing yourself with the very best may be having a detrimental impact on your own performance, so stop doing it! Instead be inspired by the best but compare your performance with those that are the same as you. Better still compare your current performance with what YOU have achieved in the past and if you are doing better you must be improving…..