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evaluation indicates bad performance. The justification assures the agent that the principal has not distorted the evaluation …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 …
Persistent link: https://www.econbiz.de/10010361447
explain her evaluation to the agent if and only if the evaluation turns out to be bad. The justification guarantees the agent …Should principals explain and justify their evaluations? In this paper the principal's evaluation is private … that the principal has not distorted the evaluation downwards. On the equilibrium path, as long as the principal provides a …
Persistent link: https://www.econbiz.de/10010323871
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
evaluation indicates bad performance. The justification assures the agent that the principal has not distorted the evaluation …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 …
Persistent link: https://www.econbiz.de/10010398669
Should principals explain and justify their evaluations? Suppose the principal's evaluation is private information, but … is restricted, but the message is costless. I show that the principal justies her evaluation to the agent if the … evaluation indicates bad performance. The justication assures the agent that the principal has not distorted the evaluation …
Persistent link: https://www.econbiz.de/10010755388
evaluation indicates bad performance. The justification assures the agent that the principal has not distorted the evaluation …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 …
Persistent link: https://www.econbiz.de/10010781550
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
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/10011932985
I analyze how a firm should elicit advice from an expert on when to terminate a project with a stochastic lifespan. The firm cannot directly observe the project's lifespan, but imperfectly monitors its current state by observing incremental output. The expert directly observes the state of the...
Persistent link: https://www.econbiz.de/10012922810