Management Science and Financial Engineering
- Volume 9 Issue 2
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- Pages.13-20
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- 2003
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- 2287-2043(pISSN)
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- 2287-2361(eISSN)
Policy Capturing LP for Ranged Ratings in Performance Appraisal
- Jung, Ho-Won (Department of Business Administration. Korea University)
- Published : 2003.11.01
Abstract
For inferring criteria in a performance appraisal. linear programming (LP) has been utilized as an alternative to policy capturing (PC). Previous policy capturing LP (PCLP) studies were limited to the criteria of exact numerical ratings. However. under certain evaluation circumstances, a ranged rating with a lower and upper bound may be preferred over an exact numerical value. Therefore, this study introduces a new LP model that allows ranged ratings. A simple example is given to illustrate our model.
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