Subjective performance evaluations and employee careers

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Subjective Performance Evaluations and Employee Careers

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Subjective performance evaluations and reciprocity in principal-agent relations

We conduct a laboratory experiment with agents working on and principals benefiting from a real effort task in which the agents’ performance can only be evaluated subjectively. Principals give subjective performance feedback to agents and agents have an opportunity to sanction principals. In contrast to existing models of reciprocity we find that agents tend to sanction whenever the feedback of...

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Contracting with Subjective Evaluations and Communication

Should principals explain and justify their evaluations? In this paper the principal’s evaluation is private information, but she can provide some justifications by sending a costly message. Indeed, it is optimal for the principal to explain her evaluation to the agent if and only if the evaluation turns out to be bad. The justification guarantees the agent that the principal has not distorted ...

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ژورنال

عنوان ژورنال: Journal of Economic Behavior & Organization

سال: 2017

ISSN: 0167-2681

DOI: 10.1016/j.jebo.2016.12.016