Categorical Screening with Rational Inattention
Publikation: Working paper › Forskning
Standard
Categorical Screening with Rational Inattention. / Fosgerau, Mogens; Sethi, Rajiv; Weibull, Jorgen W.
2020.Publikation: Working paper › Forskning
Harvard
APA
Vancouver
Author
Bibtex
}
RIS
TY - UNPB
T1 - Categorical Screening with Rational Inattention
AU - Fosgerau, Mogens
AU - Sethi, Rajiv
AU - Weibull, Jorgen W.
PY - 2020/3/5
Y1 - 2020/3/5
N2 - A rationally inattentive screener evaluates a heterogeneous pool of candidates, aiming to let only high-productivity candidates pass. Candidates belong to distinct and observable social categories. There is heterogenity across categories along multiple dimensions, including the costs of investment in skills, the costs of being screened, and the degree of bias faced in the screening process. Candidates choose how much effort to invest in skill development before being screened, with a payoff in a post-screening market that depends on the screening outcome. We characterize equilibrium behavior in this model, and use it to unify and extend several strands in the literature on categorical inequality, including statistical discrimination, prejudice, and social capital.
AB - A rationally inattentive screener evaluates a heterogeneous pool of candidates, aiming to let only high-productivity candidates pass. Candidates belong to distinct and observable social categories. There is heterogenity across categories along multiple dimensions, including the costs of investment in skills, the costs of being screened, and the degree of bias faced in the screening process. Candidates choose how much effort to invest in skill development before being screened, with a payoff in a post-screening market that depends on the screening outcome. We characterize equilibrium behavior in this model, and use it to unify and extend several strands in the literature on categorical inequality, including statistical discrimination, prejudice, and social capital.
UR - https://www.mendeley.com/catalogue/9561a0d5-63d3-3a7a-9d8e-7324ea637dd5/
U2 - 10.2139/ssrn.3533952
DO - 10.2139/ssrn.3533952
M3 - Working paper
BT - Categorical Screening with Rational Inattention
ER -
ID: 249588315