Re: Fix unemployment

Peter C. McCluskey (pcm@rahul.net)
Mon, 14 Sep 1998 15:03:56 -0700

hanson@econ.berkeley.edu (Robin Hanson) writes:
>Peter McCluskey writes:
>> The other is to have employers routinely provide public evaluations
>>of their employee's job performance. This would reduce the cost to employers
>>of distinguishing accurate resumes from inflated ones, at least if our legal
>>system can be persuaded to discourage all lawsuits over anything except
>>clear-cut lies in the evaluations.
>
>It's not clear elminating lawsuits gives employers an incentive to be honest.

Excessive lawsuits increase the costs of providing information that can't be cheaply proven accurate, thereby discouraging employers from giving away valuable but controversial information.

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