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Subjective performance evaluations and reciprocity in principal-agent relations
Sebald, Alexander; Walzl, Markus - 2012
) if this does not affect their payoffs. -- contracts ; subjective performance evaluations ; reciprocity …
Persistent link: https://www.econbiz.de/10009742627
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Optimal contracts based on subjective evaluations and reciprocity
Sebald, Alexander; Walzl, Markus - 2012
is costless. -- contracts ; subjective evaluations ; self-esteem ; ego-threats ; reciprocity …
Persistent link: https://www.econbiz.de/10009742622
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Self-confidence and reactions to subjective performance evaluations
Bellemare, Charles; Sebald, Alexander - 2018
Subjective performance evaluations are commonly used to provide feedback and incentives to workers. However, such evaluations can generate significant disagreements and conflicts, the severity of which may be driven by many factors. In this paper we show that a workers' level of self-confidence...
Persistent link: https://www.econbiz.de/10011927889
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Self-confidence and reactions to subjective performance evaluations
Bellemare, Charles; Sebald, Alexander - 2019
Subjective performance evaluations are commonly used to provide feedback and incentives to workers. However, such evaluations can generate significant disagreements and conflicts, the severity of which may be driven by many factors. In this paper we show that a workers' level of self-confidence...
Persistent link: https://www.econbiz.de/10011992961
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Stochastic contracts and subjective evaluations
Lang, Matthias - 2022
Subjective evaluations are widely used, but call for different contracts from classical moral-hazard settings. Previous … literature shows that contracts require payments to third parties. I show that the (implicit) assumption of deterministic … contracts makes payments to third parties necessary. This paper studies incentive contracts with stochastic compensation, like …
Persistent link: https://www.econbiz.de/10014458796
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Stochastic contracts and subjective evaluations
Lang, Matthias - 2021
Subjective evaluations are widely used, but call for different contracts from traditional moral-hazard settings …. Previous literature shows that contracts require payments to third parties, which real-world contracts rarely use. I show that … the implicit assumption of deterministic contracts makes payments to third parties necessary. This paper studies …
Persistent link: https://www.econbiz.de/10012697032
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Contract law and development
Boukouras, Aristotelis - 2011 - First draft: 05 October 2009
-enforceable private contracts (regulation). However, because this mechanism is costly, its effectiveness depends on the aggregate …
Persistent link: https://www.econbiz.de/10010343845
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Communicating subjective evaluations
Lang, Matthias - 2014
Should principals explain and justify their evaluations? Suppose the principal's evaluation is private information, but she can provide justification by sending a costly cheap-talk message. If she does not provide justification, her message space is restricted, but the message is costless. I...
Persistent link: https://www.econbiz.de/10010361447
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Optimal incentives without expected utility
Gonzalez Jimenez, Victor H. - 2022
contracts that are typically observed in practice such as salaries, lump-sum bonuses, and high-performance commissions. …
Persistent link: https://www.econbiz.de/10013460007
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Subjective evaluations with performance feedback
Zábojník, Ján - 2011 - This version: November 9, 2011
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...
Persistent link: https://www.econbiz.de/10009388480