Labor markets as status affiliation markets: Organizational trade-offs between status and profitability. Christopher I. Rider Goizueta Business School Emory University David Tan McDonough School of Business Georgetown University March 20, 2013 * Order of authorship is alphabetical. Please send correspondence to Chris Rider at chris.rider@emory.edu. We appreciate helpful comments from Joe Broschak, Seth Carnahan, Olivier Chatain, Henrich Greve, Giacomo Negro, Peter Thompson, and audiences at the University of Chicago, Duke University, the University of Michigan, the 7 th Institutions & Innovation Conference, the 3 rd People & Organizations Conference, and the 14 th Meeting of Organizational Ecologists. Financial support from Emory University’s Goizueta Business School and the Law School Admission Council is gratefully acknowledged.