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A Study On The Correlation Of Labor Job Searching Behaviors By Asymmetric Information Psychological Errors

Wang Lai-Wang, Chen Chiu-Hsiung and Wu Cheng-Chung
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Wang Lai-Wang: Associate Professor, Department of Industrial Engineering Management National Kaohsiung University of Science and Technology, Taiwan
Chen Chiu-Hsiung: Ph D. Student, Department of Industrial Engineering Management National Kaohsiung University of Science and Technology, Taiwan
Wu Cheng-Chung: Associate Professor, Department of Finance Suqian College, China.

Information Management and Computer Science (IMCS), 2018, vol. 1, issue 1, 1-5

Abstract: Unemployment rate in the world wide has been raised under the influence of the financial crisis. With the high unemployment rate, there are a large number of jobseekers in the current society,therefore, this study is aimed at job seekers, hoping to understand the impact of job search behavior by the asymmetric information psychological errors. This study investigates and analyzes demographic variables, asymmetric information psychological errors and job-hunting behaviors, it found that different age, gender, education and marriage have significant differences in asymmetric information psychological errors. In job research, the statistical test results of regression models show that, uncertainty in risk, optimism, and the herd behavior on job-searching behavior were positively correlated. The study found that the uncertainty of the size of the risk will affect the behavior of job-seekers, when the greater job risk, job seekers are still willing to fight in a contrarian environment; at the time of job search, the level of optimism will affect judgment of job seekers in the choice of work. They will easier to find a job, willing to accept all kinds of industries and hold a positive attitude, but when they choose the job, they will regret due to lack of thinking; they also would easy to affect by the colleagues or environment, easy to follow the advisement when searching the job, most of them are introduced by acquaintances or follow in the footsteps of the colleagues. This study attempts to understand the impact on job searching behavior of asymmetric information psychological errors which from job-seekers’ decision-making in face of various decisions, to provide reference for job seekers in the future.

Keywords: Asymmetric Information; Psychological errors; Labor; Job-searching behavior.Journal: Information Management and Computer Science (IMCS) (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:zib:zbimcs:v:1:y:2018:i:1:p:1-5

DOI: 10.26480/imcs.01.2018.01.05

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