z-logo
open-access-imgOpen Access
Utility Analysis for Multiple Selection Devices and Multiple Outcomes
Author(s) -
Michael C. Sturman
Publication year - 2001
Publication title -
journal of human resource costing and accounting
Language(s) - English
Resource type - Journals
eISSN - 1758-745X
pISSN - 1401-338X
DOI - 10.1108/eb029072
Subject(s) - selection (genetic algorithm) , staffing , computer science , representation (politics) , value (mathematics) , personnel selection , work (physics) , operations research , machine learning , statistics , mathematics , economics , engineering , mechanical engineering , management , politics , political science , law
Traditional utility analysis only calculates the value of a given selection procedure over random selection. This assumption is not only an inaccurate representation of staffing policy but also leads to overestimates of a device's value. This paper presents a more accurate method for computing the validity of a selection battery for when there are multiple selection devices and multiple criteria. Application of the method is illustrated using previous utility analysis work and an actual case of administrative assistants with eight predictors and nine criteria. A final example also is provided that includes these advancements as well as other researchers' advances in a combined utility model. Results reveal that accounting for multiple criteria and outcomes dramatically reduces the utility estimates of implementing new selection devices.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.
Having issues? You can contact us here
Accelerating Research

Address

John Eccles House
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom