Rules Versus Discretion: Favouritism and the Use of Requirements of Formal Qualifications
The recruitment of new employees is analysed in a theoritical model. It is shown that it can be optimal to implement requirements of formal qualifications for jobs, although it would be possible for the manager to find applicants who have a higher expected ability but no formal qualifications.
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|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: Department of Economics, Faculty of Business Administration. The Aarhus School of Business. Fuglesangs Alle 4. DK- 8210 Aarhus V - Denmark|
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