Decision of self-promotion: theory and experiment

Given the importance of self-promotion in labour market, the decision-making process is not fully explored. This paper build the individual decision model for self-promotion, with the payoff from given payment rule setting payment based on self-reported value with adjustments, and the intrinsic pref...

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Main Author: Wang, Xue
Format: Thesis (University of Nottingham only)
Language:English
Published: 2024
Subjects:
Online Access:https://eprints.nottingham.ac.uk/79511/
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author Wang, Xue
author_facet Wang, Xue
author_sort Wang, Xue
building Nottingham Research Data Repository
collection Online Access
description Given the importance of self-promotion in labour market, the decision-making process is not fully explored. This paper build the individual decision model for self-promotion, with the payoff from given payment rule setting payment based on self-reported value with adjustments, and the intrinsic preference of modesty and lying aversion which constraint the self-promotion. Intuitively, we found the negative relationship between self-promotion and marginal cost of modesty and lying, and possibility of underestimate when the marginal return of self-promotion from payment rule is too low. Based on the equilibrium, we found the fair payment rule which gives payment equal to agent's expected ability could take this underestimation into account. However, the presence of motivated belief which lead agent to be overconfident could result in more self-promotion and misperception of the fairness of the rule. To provide evidence for theoretical model, we plan to conduct a lab experiment with treatments of asking subjects to report signal or ability, introducing different rules in each treatment using strategy method, and elicit subject's belief and fairness perception at the same time.
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spelling nottingham-795112024-12-12T04:40:07Z https://eprints.nottingham.ac.uk/79511/ Decision of self-promotion: theory and experiment Wang, Xue Given the importance of self-promotion in labour market, the decision-making process is not fully explored. This paper build the individual decision model for self-promotion, with the payoff from given payment rule setting payment based on self-reported value with adjustments, and the intrinsic preference of modesty and lying aversion which constraint the self-promotion. Intuitively, we found the negative relationship between self-promotion and marginal cost of modesty and lying, and possibility of underestimate when the marginal return of self-promotion from payment rule is too low. Based on the equilibrium, we found the fair payment rule which gives payment equal to agent's expected ability could take this underestimation into account. However, the presence of motivated belief which lead agent to be overconfident could result in more self-promotion and misperception of the fairness of the rule. To provide evidence for theoretical model, we plan to conduct a lab experiment with treatments of asking subjects to report signal or ability, introducing different rules in each treatment using strategy method, and elicit subject's belief and fairness perception at the same time. 2024-12-12 Thesis (University of Nottingham only) NonPeerReviewed application/pdf en cc_by https://eprints.nottingham.ac.uk/79511/1/MRes%20Dissertation%20Xue%20Wang.pdf Wang, Xue (2024) Decision of self-promotion: theory and experiment. MRes thesis, University of Nottingham. Self-promotion; strategy; fair compensation; motivated belief
spellingShingle Self-promotion; strategy; fair compensation; motivated belief
Wang, Xue
Decision of self-promotion: theory and experiment
title Decision of self-promotion: theory and experiment
title_full Decision of self-promotion: theory and experiment
title_fullStr Decision of self-promotion: theory and experiment
title_full_unstemmed Decision of self-promotion: theory and experiment
title_short Decision of self-promotion: theory and experiment
title_sort decision of self-promotion: theory and experiment
topic Self-promotion; strategy; fair compensation; motivated belief
url https://eprints.nottingham.ac.uk/79511/