Ex Ante Versus Ex Post Optimal Promotion Rules: The Case of Internal Promotion.
A firm deciding on its promotion practices will be concerned both with the efficient assignment of workers to tasks and with rewarding prior performance. This can result in a time-inconsistency problem because the promotion rule that is optimal at the time of the promotion decision may differ from t...
| Publicado en: | Economic Inquiry Vol. 41; no. 1; pp. 27 - 42 |
|---|---|
| Autor principal: | |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
January 2003
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510293689&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510293689 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: N pubinfo: dt: January 2003 vid: 41 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 510293689 10.1093/ei/41.1.27 ppf: 27 ppct: 15 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.6MB tig: atl: Ex Ante Versus Ex Post Optimal Promotion Rules: The Case of Internal Promotion. aug: au: Waldman, Michael su: Mathematical models Employee promotions Employee selection sug: subj: Mathematical models Employee promotions Employee selection ab: A firm deciding on its promotion practices will be concerned both with the efficient assignment of workers to tasks and with rewarding prior performance. This can result in a time-inconsistency problem because the promotion rule that is optimal at the time of the promotion decision may differ from the rule that is optimal before performance is determined. In this article I explore the role of time inconsistency in determining promotion practices. In particular, I show that the common practice of favoring internal candidates for promotion can be understood as a response by firms to the problem of time inconsistency. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|