Dynamics of Multi-Stage Screening

C-Tier
Journal: Economic Modeling
Year: 2025
Volume: 151
Issue: C

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This study explores dynamic screening problems in which elements undergo noisy evaluations. Some elements are discarded at each stage, while the remainder are re-evaluated independently in subsequent stages. We demonstrate that, ceteris paribus, the quality of a screening process may not improve as the number of stages increases. Specifically, we examine the resulting elements’ values and demonstrate that adding a single stage to a screening process may produce inferior results in terms of stochastic dominance, while increasing the number of stages substantially leads to a first-best outcome.

Technical Details

RePEc Handle
repec:eee:ecmode:v:151:y:2025:i:c:s0264999325001993
Journal Field
General
Author Count
2
Added to Database
2026-01-25