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Rewarding improvements: optimal dynamic contracts with subjective evaluation

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  • Jimmy Chan
  • Bingyong Zheng

Abstract

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  • Jimmy Chan & Bingyong Zheng, 2011. "Rewarding improvements: optimal dynamic contracts with subjective evaluation," RAND Journal of Economics, RAND Corporation, vol. 42(4), pages 758-775, December.
    • Handle: RePEc:bla:randje:v:42:y:2011:i:4:p:758-775
    DOI: j.1756-2171.2011.00153.x
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    Citations

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    Cited by:

    1. Helmut Bester & Johannes Münster, 2016. "Subjective evaluation versus public information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(4), pages 723-753, April.
    2. Lucas Maestri, 2012. "Bonus Payments versus Efficiency Wages in the Repeated Principal-Agent Model with Subjective Evaluations," American Economic Journal: Microeconomics, American Economic Association, vol. 4(3), pages 34-56, August.
    3. Matthias Lang, 2023. "Stochastic contracts and subjective evaluations," RAND Journal of Economics, RAND Corporation, vol. 54(1), pages 104-134, March.
    4. Zhiyong Yao & Bingyong Zheng, 2014. "Feasibility, Stability, and Multiple Research Joint Ventures," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(2), pages 196-210, May.
    5. FOSCHI, Matteo; SANTOS-PINTO, Luís Pedro, 2017. "Subjective Performance Evaluation of Employees with Biased Beliefs," Economics Working Papers ECO 2017/08, European University Institute.
    6. Kazumi Hori, 2014. "Contracting for Multiple Goods under Asymmetric Information: The Two-goods Case," KIER Working Papers 888, Kyoto University, Institute of Economic Research.
    7. Maestri, Lucas, 2014. "The efficiency of bonus-or-terminate incentive schemes under subjective evaluations," Games and Economic Behavior, Elsevier, vol. 87(C), pages 412-418.
    8. W. Bentley MacLeod & Teck Yong Tan, 2016. "Optimal Contracting with Subjective Evaluation: The Effects of Timing, Malfeasance and Guile," NBER Working Papers 22156, National Bureau of Economic Research, Inc.
    9. Takahashi, Shingo & Owan, Hideo & Tsuru, Tsuyoshi & Uehara, Katsuhito, 2014. "Multitasking Incentives and Biases in Subjective Performance Evaluation," Discussion Paper Series 614, Institute of Economic Research, Hitotsubashi University.
    10. Shingo Takahashi & Hideo Owan & Tsuyoshi Tsuru & Katsuhito Uehara, 2014. "Perceptions to climatic changes and cooperative attitudes toward flood protection in Bangladesh," Working Papers EMS_2014_11, Research Institute, International University of Japan.
    11. Xinhao He & Jin Li & Zhaoneng Yuan, 2022. "Optimal Subjective Contracting with Revision," Management Science, INFORMS, vol. 68(8), pages 6346-6354, August.
    12. Joyee Deb & Jin Li & Arijit Mukherjee, 2015. "Relational Contracts with Subjective Peer Evaluations," Cowles Foundation Discussion Papers 1995, Cowles Foundation for Research in Economics, Yale University.

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