A Two-Stage Bilateral Matching Study of Teams-Technology Talents in New R&D Institutions Based on Prospect Theory

Lin Jiang () and Biyun Chen
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Lin Jiang: School of Information Engineering, Yancheng Teachers University, Yancheng 224002, China
Biyun Chen: School of Information Engineering, Yancheng Teachers University, Yancheng 224002, China

Sustainability, 2023, vol. 15, issue 4, 1-27

Abstract: This study considers two-stage bilateral matching of teams and scientific and technological talents in new R&D organizations and proposes a two-stage dual-objective bilateral matching method based on prospect theory. The matching of teams and scientific and technological talent in new R&D institutions is divided into two stages: elimination matching in the first stage and selection matching in the second stage. In the first stage, the evaluation index of the team to talent and the cost index of talent are constructed, the dual reference points of peer and expectation are set for evaluating talent, and the bottom-line reference points are set for talent cost. The comprehensive prospect value in the first stage is calculated based on prospect theory, and the matching in the first stage is completed based on the dual-objective optimization model with the highest evaluation value and the lowest cost value. In the second stage, using the matching results of the first stage, the team evaluates the talent again, while the talent ranks the team to obtain the satisfaction value, and completes the second stage of bilateral matching based on prospect theory and the dual-objective optimization model with the highest evaluation value and the highest satisfaction value. Finally, a case study and method comparison show that the proposed method is feasible and effective.

Keywords: prospect theory; new R&D institutions; scientific and technological talent; performance assessment; bilateral matching (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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