Speaker: Professor Andriy Zapechelnyuk (University of Edinburgh School of Economics)
Hosted by: University of Liverpool Management School's Economics Group
Open to: Management School students and academic staff, with no sign up needed
Date: Wednesday 4 October 2023
Time: 14:00-15:15
Place: 126 Mount Pleasant, Liverpool L3 5SR - Lecture Theatre 113
Abstract
In hiring, fair treatment concerns not only the assessment of candidates, but also the process of interviewing and selecting candidates.
The latter, so-called procedural fairness, is investigated in this paper using a model of sequential search.
We postulate that a hiring procedure is fair if it does not discriminate interviewed candidates by the order in which they are interviewed.
We show that procedurally fair hiring prescribes to accept the first candidate who belongs to a prespecified set.
We also show for a special but relevant case that fairness comes at a relatively small cost: the optimal value of hiring without the fairness constraint is at most twice as large.
Co-authored by Professor Andriy Zapechelnyuk and Professor Karl Schlag (University of Vienna).
Keywords
Sequential search, hiring procedure, fairness, discrimination, equal opportunity, partition strategy, threshold strategy, reservation price, efficiency
Full paper
Schlag, K.H. and Zapechelnyuk, A. (2023). 'Fair Hiring Procedures'.
- DOI: 10.2139/ssrn.4386194
Speaker
Andriy Zapechelnyuk is a Professor of Economics at the University of Edinburgh, and has serve as an Associate Editor for Econometrica and Economic Theory/ETB.
His research interests lie in the field of microeconomic theory and applications, focusing on communication and information design, optimal contracts, and robust decision theory.
Andriy completed his PhD from Stony Brook University in 2005, and before landing at Edinburgh in 2022, he spent some time as a researcher at the Center for the Study of Rationality (Hebrew University of Jerusalem) and the Hausdorff Center for Mathematics (University of Bonn).
He has taught at Kyiv School of Economics, Queen Mary University of London, University of Glasgow, and University of St Andrews.
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