Job Search And Information Processing In The Presence Of Nonrational Behavior

Author

Richard Ralph Bryant, Missouri University of Science and TechnologyFollow

Abstract

Prospect theory is reviewed and used to analyze the job search decision. 'Cancellation' and 'coding' during the editing phase of the decision introduces systematic biases resulting in a mismatch between worker and job not predicted by expected utility theory. Cognitive dissonance and self-perception theory is used to analyze how adverse information received on the job can result in rationalization, or a change in tastes. As a consequence information does not provide the positive role usually assigned. © 1990.

Recommended Citation

R. R. Bryant, "Job Search And Information Processing In The Presence Of Nonrational Behavior," Journal of Economic Behavior and Organization, vol. 14, no. 2, pp. 249 - 260, Elsevier, Jan 1990.

The definitive version is available at https://doi.org/10.1016/0167-2681(90)90077-Q

Department(s)

Mathematics and Statistics

International Standard Serial Number (ISSN)

0167-2681

Document Type

Article - Journal

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2023 Elsevier, All rights reserved.

Publication Date

01 Jan 1990