Subjective evaluations with performance feedback

التفاصيل البيبلوغرافية
العنوان: Subjective evaluations with performance feedback
المؤلفون: Zabojnik, Jan
بيانات النشر: Queen's University, Department of Economics
سنة النشر: 2011
المجموعة: EconStor (German National Library of Economics, ZBW)
مصطلحات موضوعية: ddc:330, D82, D86, M52, Subjective Evaluations, Performance Feedback, Optimal Incentive Contracts
الوصف: This paper models two key roles of subjective performance evaluations: their incentive role and their feedback role. The paper shows that the feedback role makes subjective pay feasible even without repeated interaction, as long as there exists some verifiable measure of performance. It also shows that while subjective pay is helpful, it cannot achieve full efficiency. However, fully efficient incentives are achievable if the firm can commit to a forced distribution of evaluations and employs a continuum of workers. With a small number of workers, a forced distribution is valuable only if the verifiable measure is poor.
نوع الوثيقة: report
اللغة: English
Relation: Series: Queen's Economics Department Working Paper; No. 1283; gbv-ppn:680128859; http://hdl.handle.net/10419/67781
الاتاحة: http://hdl.handle.net/10419/67781
Rights: http://www.econstor.eu/dspace/Nutzungsbedingungen
رقم الانضمام: edsbas.A09C9754
قاعدة البيانات: BASE