the performance-based wage contract. However, if the agent's future payoffs depend on the past realized performance, but … the wage contract …

implement a contract with high power incentives, however this necessarily entails a high level of "conflict" in the relationship … contract entails the use of more compressed evaluations relative to the case with objective performance measures. The degree of … "conflict" that they create. The model is also used to show how a bias or discrimination against an individual can lead to lower …