Imperfect Evaluation in Project Screening
AbstractThis paper studies a model in which an agent considers proposing a project of unknown quality to an evaluator, who decides whether or not to accept it. First, we show that there exist instances where an agent with a better track record of producing high-quality projects should be subjected to more stringent standards. Second, we show that an increase in the submission fee may lead to a decrease in the quality of projects that are implemented because of its effects on the evaluator's acceptance policy.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 40847.
Date of creation: 14 Jun 2012
Date of revision:
Evaluation; Project Screening; Regulatory Burden;
Other versions of this item:
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-03 (All new papers)
- NEP-CTA-2012-09-03 (Contract Theory & Applications)
- NEP-MIC-2012-09-03 (Microeconomics)
- NEP-PPM-2012-09-03 (Project, Program & Portfolio Management)
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.:
- Barbos, Andrei, 2012.
"Project Screening with Tiered Evaluation,"
40848, University Library of Munich, Germany.
- Derek Leslie, 2005. "Are Delays in Academic Publishing Necessary?," American Economic Review, American Economic Association, vol. 95(1), pages 407-413, March.
- Christopher Cotton, 2013. "Submission Fees and Response Times in Academic Publishing," American Economic Review, American Economic Association, vol. 103(1), pages 501-09, February.
- Raphael Boleslavsky & Christopher Cotton, 2011.
"Learning more by doing less,"
2012-1, University of Miami, Department of Economics.
- Curtis R. Taylor & Huseyin Yildirim, 2011. "Subjective Performance and the Value of Blind Evaluation," Review of Economic Studies, Oxford University Press, vol. 78(2), pages 762-794.
- Barbos, Andrei, 2013.
"Project screening with tiered evaluation,"
Mathematical Social Sciences,
Elsevier, vol. 66(3), pages 293-306.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.