Nuremberg Research Seminar in Economics on 3 February 2021
You are invited to join the weekly Nuremberg Research Seminar in Economics on 3 February 2021 at 13:15. The seminar will be held via Zoom.Todd Kaplan (University of Haifa) will be talking about “Increasing Employment Through the Partial Release of Information”.
Please find below the abstract:
Skills and ability affect the likelihood of a worker getting hired. We ask if keeping these attributes fixed, can we increase employment by changing the information employers receive about potential workers. We use laboratory experiments with subjects as employers and agencies to test how different market designs can result in different information being released about workers which in turn affects the number hired. We find that full information about workers leads to high employer profits. Revealing coarser and not necessarily verifiable information about workers increases employment albeit at the expense of the employers’ profits.