No One Likes To Be Second Choice
研究了招聘中候选人因知晓自己排名靠后而拒绝录用,导致雇主难以招到合适人选的问题,对理解劳动力市场匹配有参考价值。
A decision-maker wishes to fill a vacancy with a fixed wage. Candidates who are more valuable to the decision maker are less likely to be available. The candidates suffer a disutility from filling the position when they are ranked low on the decision-maker's preference list. However, the decision-maker's preferences are his private information. Therefore, the candidates infer the decision-maker's preference list from information revealed by the number of failed offers. I explore the adverse effect of the social component in the candidates’ preferences on the decision maker's ability to recruit a suitable candidate.