Selecting Applicants
研究企业如何基于硬信息（如测试结果）和软信息（如经理评估）选择申请人，并刻画最优接受率函数，对合同设计和管理激励有参考价值。
A firm selects applicants to hire based on hard information, such as a test result, and soft information, such as a manager's evaluation of an interview. The contract that the firm offers to the manager can be thought of as a restriction on acceptance rates as a function of test results. I characterize optimal acceptance rate functions both when the firm knows the manager's mix of information and biases and when the firm is uncertain. These contracts may admit a simple implementation in which the manager can accept any set of applicants with a sufficiently high average test score.