Rules Versus Discretion: Favouritism and the Use of Requirements of Formal Qualifications.

The recruitment of new employees is analysed in a theoritical model. It is shown that it can be optimal to implement requirements of formal qualifications for jobs, although it would be possible for the manager to find applicants who have a higher expected ability but no formal qualifications.

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Year of publication:	1998
Authors:	Snellman, K.
Institutions:	Nationalökonomisk Institut, Institut for Økonomi
Subject:	ASYMETRIC INFORMATION \| LABOUR MARKET \| RECRUITMENT

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Series:	Aarhus School of Business - Department of Economics.
Type of publication:	Book / Working Paper
Notes:	22 pages
Classification:	D23 - Organizational Behavior; Transaction Costs; Property Rights ; D82 - Asymmetric and Private Information ; J39 - Wages, Compensation, and Labor Costs. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005641329