January 2018

IZA DP No. 11287: Voting in Hiring Committees: Which "Almost" Rule Is Optimal?

Eyal Baharad, Leif Danziger

published in: Group Decision and Negotiation, 2018, 27, 129-151

We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the almost-plurality, the almost-inverse-plurality, and the almost-Borda rule can be optimal. Which of the "almost" rules is optimal depends on the likelihood that a candidate has high ability and how likely committee members are to correctly identify the abilities of the different candidates.