ERIC Number: EJ353654
Record Type: Journal
Publication Date: 1987
Reference Count: N/A
The Effects of Variability and Risk in Selection Utility Analysis: An Empirical Comparison.
Rich, Joseph R.; Boudreau, John W.
Personnel Psychology, v40 n1 p55-84 Spr 1987
Investigated utility estimate variability for the selection utility of using the Programmer Aptitude Test to select computer programmers. Comparison of Monte Carlo results to other risk assessment approaches (sensitivity analysis, break-even analysis, algebraic derivation of the distribtion) suggests that distribution information provided by Monte Carlo analysis more completely described variability and riskiness associated with expected utility value. (Author/ABB)
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Authoring Institution: N/A