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Learning by Helping: A Bounded Rationality Model of Mentoring

Author

Listed:
  • Arai, Mahmood

    (Dept. of Economics, Stockholm University)

  • Billot, Antoine

    (ERMES, Université Panthéon-Assas, Paris II)

  • Lanfranchi, Joseph

    (ERMES, Université Panthéon-Assas, Paris II)

Abstract

Within 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.

Suggested Citation

  • Arai, Mahmood & Billot, Antoine & Lanfranchi, Joseph, 1999. "Learning by Helping: A Bounded Rationality Model of Mentoring," Research Papers in Economics 1999:14, Stockholm University, Department of Economics.
    • Handle: RePEc:hhs:sunrpe:1999_0014
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    Cited by:

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    2. Arai, Mahmood & Bursell, Moa & Nekby, Lena, 2008. "Between Meritocracy and Ethnic Discrimination: The Gender Difference," SULCIS Working Papers 2008:2, Stockholm University, Linnaeus Center for Integration Studies - SULCIS.

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    Keywords

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    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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