When there are 404 applicants who each have PhD degrees, publications, and possible post-doctoral or existing faculty appointments, let's also assume that the objective function that each department is maximizing is pretty flat. If you don't like that assumption, then assume we have no prior information, and so we will maximize entropy and assume that each applicant has a 1/404 chance of being picked for the job (in reality, this probability is itself conditioned on whether the state steps in and has a hiring freeze... so the real probability might be closer to 1/1000). So that is a very low number. Can we fight low probability with high volume of applications?
Assume we apply to N schools where the probability of getting an offer is
at each of them. Then the probability of not getting an offer from each of them isp = 1/404
and so the probability of not getting an offer from all of them is1 - p = 403/404,
So finally we arrive at the probability of getting an offer from at least one of them, which is(1 - p)N = (403/404)N.
Hypothetically speaking, let's say you apply to N = 50 such positions. Then you have a1 - (1 - p)N = 1 - (403/404)N.
probability of getting the offer. Of course, if you were paying attention, you remember that p (1/404) is very small in this example. Consequently, the (1 - (1 - p)N) curve looks linear for a wide region around the origin. So even though you remember your fourth-grade math teacher teaching you that you cannot additively accumulate probabilities (i.e., your probability of getting a job is not (N × p)), in this small-p case, it is a pretty decent approximation. In particular, even with our ostensibly large N, it is the case that1 - (403/404)N = 1 - (403/404)50 ≈ 11.65%
which is pretty close to our slightly more dismal 11.65%.N × p = (50)(1/404) ≈ 12.38%,
In December, I ran into a woman who just got finished submitting all of her faculty positions. She said she applying to just 10 of them because she was exhausted and figured she was just practicing this round. Setting N = 10 reduces your chances to 2.45%. Having said that, the distribution across the applicant pool is certainly not flat. Her home institution, research, adviser, and other factors make her a very attractive candidate who will likely do well with such a low N... In fact, she was recently interviewed at a university near me (that, again, may have to deal with hiring freezes, etc., in the near future).
Now, in my case... Maybe I should burn my CV and dust off my résumé... I hope I'm not too old and outdated.
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FYI, the woman mentioned at the end of that post did get a job offer...from my alma mater, in fact. She turned it down (ostensibly for family reasons).
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