Third party assessments in trust problems with conflict of interest: An experiment on the effects of promisesm
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Description
Is it possible to elicit reliable assessment from an assessor having a conflict of interest (e.g. a professor that writes a recommendation letter for a formal PhD student)? We propose an experimental test and show that compared to a not-incentivized assessment, a promise to give a truthful assessment reduces misreporting to the same extent as an incentivized assessment (i.e. when the assessor gains higher payoff if the assessment is correct).
Date of Publication
2013
Publication Type
Article
Language(s)
en
Contributor(s)
Kataria, Mitesh |
Additional Credits
Series
Economics letters
Publisher
Elsevier
ISSN
0165-1765
Access(Rights)
restricted