Active Talent Spotting

33 Pages Posted: 18 Nov 2015

See all articles by Nejat Anbarci

Nejat Anbarci

Durham University, Department of Economics and Finance; Durham University, Department of Economics and Finance

Saptarshi Ghosh

Shiv Nadar University

Jaideep Roy

Deakin University - Department of Economics

Date Written: October 16, 2015

Abstract

An evaluator wishes to accurately evaluate an expert’s talent for obtaining and analysing information in prediction tasks. As part of an active talent-spotting strategy, he may interfere with the expert’s private signal by jamming or boosting its precision. We show that when the priors are significantly uninformative so that the prediction task is a priori difficult, the evaluator finds it optimal to jam the precision of the expert’s signal, while when the priors are significantly informative, making the prediction a priori easy, he boosts it. These results hold irrespective of whether the expert is a careerist or purely outcome driven.

Keywords: Common priors, private signal, signal precision, talent spotting, signal-jamming/boosting

JEL Classification: D82, D83

Suggested Citation

Anbarci, Nejat and Ghosh, Saptarshi and Roy, Jaideep, Active Talent Spotting (October 16, 2015). Available at SSRN: https://ssrn.com/abstract=2691830 or http://dx.doi.org/10.2139/ssrn.2691830

Nejat Anbarci

Durham University, Department of Economics and Finance ( email )

Old Elvet
Mill Hill Lane
Durham, Durham DH1 3HP
United Kingdom

Durham University, Department of Economics and Finance ( email )

Old Elvet
Mill Hill Lane
Durham, Durham DH1 3HP
United Kingdom

Saptarshi Ghosh

Shiv Nadar University ( email )

NH-91, Village- Chithera, Tehsil-Dadri,
Dist. Gautam Buddha Nagar, UP
Gautam Buddha Nagar, Uttar Pradesh
India

Jaideep Roy (Contact Author)

Deakin University - Department of Economics ( email )

Australia

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