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conform to theory. We survey some literature in this area and suggest areas for further research …
Persistent link: https://www.econbiz.de/10012462675
formalize this cognitive bias in a simple model of distorted Bayesian updating. We then examine strategy changes made by … professional football coaches. We find they are more likely to revise their strategy after a loss than a win -- even for narrow … expected, and the offensive strategy is revised even when failure is attributable to the defense. These results are consistent …
Persistent link: https://www.econbiz.de/10012461180
I study age discrimination in hiring, exploiting a difference between age-revealed and partially age-blind hiring procedures. Under the first hiring procedure, age is revealed simultaneously with other applicant information and job offer rates are much lower for older than for younger job...
Persistent link: https://www.econbiz.de/10012479147
Employee referral programs (ERPs) are randomly introduced in a grocery chain. Larger referral bonuses increase referrals and decrease referral quality, though the increase in referrals from having an ERP is modest. However, the overall effect of having an ERP is substantial, reducing attrition...
Persistent link: https://www.econbiz.de/10012479870
potential over time. Together, our results highlight the importance of incorporating exploration in developing decision …
Persistent link: https://www.econbiz.de/10012481284
We approach the design of anti-discriminatory labor market regulation as a delegation problem. A private firm (the agent) is repeatedly faced with the opportunity of hiring one among several applicants to fill its vacancies. The firm is biased against applicants from some demographic group, and...
Persistent link: https://www.econbiz.de/10014468218
Using data from the Employment Opportunity Pilot Project, we examine the relationship between the starting wage paid to the worker filling a vacancy, the number of applications attracted by the vacancy, the number of candidates interviewed for the vacancy, and the duration of the vacancy. We...
Persistent link: https://www.econbiz.de/10012455765
increasingly central role in tech companies - tackling problems such as platform design, strategy, pricing, and policy. Over the …
Persistent link: https://www.econbiz.de/10012480716
previous Boston mechanism, a priority matching mechanism, and the case in favor of the change to a strategy-proof mechanism … unassigned students could have been assigned to one of their stated choices with a different strategy under the current mechanism …. This interaction between sophisticated and unsophisticated players identifies a new rationale for strategy-proof mechanisms …
Persistent link: https://www.econbiz.de/10012466706
Job testing technologies enable firms to rely less on human judgement when making hiring decisions. Placing more weight on test scores may improve hiring decisions by reducing the influence of human bias or mistakes but may also lead firms to forgo the potentially valuable private information of...
Persistent link: https://www.econbiz.de/10012456961