6533b7ddfe1ef96bd1273f52

RESEARCH PRODUCT

Selection by committee: Anonymity and gratitude

Salvatore ModicaLuigi Balletta

subject

Economics and EconometricsActuarial scienceDelegationmedia_common.quotation_subject05 social sciencesPrincipal (computer security)Principal–agent problemExpert appointment0502 economics and businessGratitudeEconomicsGratitude and reciprocity050207 economicsCandidate selection050203 business & managementSelection (genetic algorithm)media_commonAnonymity

description

Abstract What kind of candidate is selected into a job when the principal has to appoint a committee to measure the candidates’ ability and select a winner? We find that if the committee takes into account the candidate’s gratitude towards them, a candidate with less than first best ability will be selected. A relevant exception may occur if the first best is the overall best candidate. First best selection is always achieved if the committee is anonymous to the candidates. If the committee is not detached enough from the candidates then delegation fares even worse than random selection.

yearjournalcountryeditionlanguage
2018-12-01
10.1016/j.rie.2018.10.001http://hdl.handle.net/11588/725466