Arbeitspapier

When the brightest are not the best

Selection procedures for new recruits in research organizations, supposedly aiming at identifying the candidates with the highest potential, relies necessarily on indirect information concerning the quality of a researcher. It is safe to assume that this information is correlated to, but not coinciding with, the un-observable future contributions of the candidates to a position. We show that using exceedingly selective criteria operating on observable proxy indicators of research quality may hinder the overall goal to ensure the highest expected research quality in the hiring organization. The paper presents a simple abstract model showing how pursuing the absolute best is a strategy very likely to produce results worse than alternative approaches, humbly aiming at identifying the good.

Language
Englisch

Bibliographic citation
Series: LEM Working Paper Series ; No. 2015/13

Classification
Wirtschaft
Sociology of Economics
Structure and Scope of Government: General
Computational Techniques; Simulation Modeling
Subject
Simulation models
Research assessment
Management of academic institutions

Event
Geistige Schöpfung
(who)
Valente, Marco
Event
Veröffentlichung
(who)
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
(where)
Pisa
(when)
2015

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Valente, Marco
  • Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)

Time of origin

  • 2015

Other Objects (12)