Insights / Research BriefMar 26, 2024

Competitive Job Seekers: When Sharing Less Leaves Firms at a Loss

Gaurav Chiplunkar, Erin M. Kelley, Gregory V. Lane
Randomly increasing the amount of competition for a job makes jobseekers less likely to share information about it with their peers and in particular to share it with fewer, higher ability peers. This lowers the quality of firms’ hires.