Kreps-Degroot Interview Model

The Kreps-Degroot Interview Model is a framework used to understand how employers gather information about job candidates during interviews. It assumes job seekers have private knowledge about their true abilities, and employers seek to learn this efficiently. The model explains how candidates might strategically reveal or conceal information to influence hiring decisions. For instance, a candidate may choose to display confidence or highlight certifications to signal competence. Employers interpret these signals to assess a candidate's fit, balancing the costs and benefits of information disclosure. Overall, it helps explain the strategic interactions and signaling tactics in employment interviews.