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Lie hard: The effect of self-assessments on academic promotion decisions

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  • Chen, Zhe
  • Kemp, Simon

Abstract

Five experiments investigated whether including self-assessments in applications for a promotion might affect their evaluation, and how this effect was influenced by measures taken to reduce or eliminate it. Self-assessments influenced judgment when the applications were judged by novices and experts, and regardless of whether the participants were warned about the unreliability of self-assessments. The effect was reduced but not eliminated if a second set of assessments was available. A similar influence was found when an arbitrary set of ratings was substituted for the self-assessments, and consider-the-opposite arguments to counter the self-assessments functioned in a similar way to that found in previous studies of anchoring. Overall, the effect of self-assessments seems similar to that of anchoring, when information that is known to be unreliable or unrelated to a target variable still affects estimates of the target variable. Practically, including self-assessments as a component of performance appraisal is likely to bias the results.

Suggested Citation

  • Chen, Zhe & Kemp, Simon, 2012. "Lie hard: The effect of self-assessments on academic promotion decisions," Journal of Economic Psychology, Elsevier, vol. 33(3), pages 578-589.
    • Handle: RePEc:eee:joepsy:v:33:y:2012:i:3:p:578-589
    DOI: 10.1016/j.joep.2011.11.004
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Performance appraisal; Self-assessments; Cognitive bias; Anchoring effect; Promotion;
    All these keywords.

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods

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