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IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
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http://hdl.handle.net/10419/20521
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| Title: | | Outlier Aversion in Evaluating Performance : Evidence from Figure Skating  |
| Authors: | | Lee, Jungmin |
| Issue Date: | | 2004 |
| Series/Report no.: | | IZA Discussion paper series 1257 |
| Abstract: | | The quality of subjective performance evaluation is dependent on the incentive structures faced by evaluators, in particular on how they are monitored and themselves evaluated. Figure skating competitions provide a unique opportunity to study subjective evaluation. This paper develops and tests a simple model of what I call "outlier aversion bias" in which subjective evaluators avoid submitting outlying judgments. We find significant evidence for the existence of outlier aversion. Individual judges within a game manipulate scores to achieve a targeted level of agreement with the other judges. Furthermore, a natural experiment shows that the dispersion of scores across judges depends upon the type of judge-assessment system and its implication for outlier aversion. Agreement may not be a good criterion for the validity of an evaluation system, contradicting the industrial psychology and personnel management literature. |
| Subjects: | | subjective performance evaluation outlier aversion bias |
| JEL: | | M5 D7 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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