Learning by Helping: A Bounded Rationality Model of Mentoring
AbstractWithin an organization, a bounded rational principal organizes a promotion test based on a sequence of test regarding candidates' relative performances. We assume the principal to suffer from limited ability to rank the performances, only identifying the best in each test. Furthermore, he satisfies the expected gains do not decreases whit the information generated by additional tests. Then, mentoring is shown to improve the information about candidates' ability when the principal offers help to the current best candidate provided by a manager promoted after a similar contest.
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Bibliographic InfoPaper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 1999:14.
Length: 27 pages
Date of creation: 08 Oct 1999
Date of revision:
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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
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Mentoring; Selection; Contests; Bounded Rationality;
Other versions of this item:
- Arai, Mahmood & Billot, Antoine & Lanfranchi, Joseph, 2001. "Learning by helping: a bounded rationality model of mentoring," Journal of Economic Behavior & Organization, Elsevier, vol. 45(2), pages 113-132, June.
- D10 - Microeconomics - - Household Behavior - - - General
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-01-24 (All new papers)
- NEP-IND-2000-01-24 (Industrial Organization)
- NEP-MIC-2000-01-24 (Microeconomics)
- NEP-TID-2000-01-24 (Technology & Industrial Dynamics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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