Subjective Evaluations: Discretionary Bonuses and Feedback Credibility
2015 ◽
Vol 7
(1)
◽
pp. 99-108
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We provide a new rationale for the use of discretionary bonuses. In a setting with unknown match qualities between a worker and a firm and subjective evaluations by the principal, bonuses are useful in order to make the feedback from the firm to the workers credible. This way workers in good matches are less inclined to accept outside offers. (JEL D82, J33, M12, M52)
2021 ◽
Vol 2021
(1)
◽
2011 ◽
Vol 255-260
◽
pp. 2072-2076
2021 ◽
pp. 106480462110185
Keyword(s):
2019 ◽
Vol 18
(3)
◽
pp. 229-248