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employee's performance was poor. The justification assures the employee that the manager has not distorted the evaluation …? Suppose a manager's evaluation is private information. Justifying her evaluation is costly but limits the principal's scope … for distorting her evaluation of the employee. I show that the manager justifies her evaluation if and only if the …
Persistent link: https://www.econbiz.de/10011930440
employee’s performance was poor. The justification assures the employee that the manager has not distorted the evaluation …? Suppose a manager’s evaluation is private information. Justifying her evaluation is costly but limits the principal’s scope … for distorting her evaluation of the employee. I show that the manager justifies her evaluation if and only if the …
Persistent link: https://www.econbiz.de/10014176641
employee’s performance was poor. The justification assures the employee that the manager has not distorted the evaluation …? Suppose a manager’s evaluation is private information. Justifying her evaluation is costly but limits the principal’s scope … for distorting her evaluation of the employee. I show that the manager justifies her evaluation if and only if the …
Persistent link: https://www.econbiz.de/10013315592
Persistent link: https://www.econbiz.de/10012131478
communicated might matter. In a controlled field experiment, we study a minimally invasive change in the communication of a well …
Persistent link: https://www.econbiz.de/10011285314
uncertain about which contract will be implemented, can increase the payoff of the high type principal to approximate her full …
Persistent link: https://www.econbiz.de/10012932065
We conduct a laboratory experiment with agents working on and principals benefitting 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...
Persistent link: https://www.econbiz.de/10009742627
Persistent link: https://www.econbiz.de/10009724356
We develop a model of strategic contractual incompleteness that identifies conditions under which principals might omit even costlessly verifiable terms. We then use experiments to test comparative statics predictions of the model. While it is well known that verifiability imperfections can...
Persistent link: https://www.econbiz.de/10010457849
that the principal cares for them. Principals can signal their altruism by offering a generous contract, consisting of a … agents do not reciprocate the principal's altruism, the principal may find it optimal to write a contract that simultaneously … signals his altruism and screens reciprocal worker types. I show that such a contract is characterised by excessively strong …
Persistent link: https://www.econbiz.de/10011379625