Ability, individual development and optimal selection decisions

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2010
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Zeitschrift für Betriebswirtschaft. 2010, 80(7-8), pp. 821-839. ISSN 0044-2372. Available under: doi: 10.1007/s11573-010-0380-4
Zusammenfassung

The paper analyzes different selection policies in education and business. We show that incorrect self-perceptions combined with imperfect performance measurement may cause significant welfare losses in selective educational systems, in particular if selection starts too early. Of course, these welfare losses can be mitigated by an investment in better ability assessment. However, an affirmative action policy could serve the same purpose as such an investment. We apply our analysis also to diversity management in firms. Based on positive discrimination we establish an efficiency argument for diversity management.

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Fachgebiet (DDC)
330 Wirtschaft
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Education, selection, affirmative action
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ISO 690EISENKOPF, Gerald, Christian LUKAS, 2010. Ability, individual development and optimal selection decisions. In: Zeitschrift für Betriebswirtschaft. 2010, 80(7-8), pp. 821-839. ISSN 0044-2372. Available under: doi: 10.1007/s11573-010-0380-4
BibTex
@article{Eisenkopf2010Abili-12686,
  year={2010},
  doi={10.1007/s11573-010-0380-4},
  title={Ability, individual development and optimal selection decisions},
  number={7-8},
  volume={80},
  issn={0044-2372},
  journal={Zeitschrift für Betriebswirtschaft},
  pages={821--839},
  author={Eisenkopf, Gerald and Lukas, Christian}
}
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