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Noisy and Subjective Performance Measure in Promotion Tournaments
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Kwon, Illoong | - |
dc.date.accessioned | 2012-05-31T09:03:16Z | - |
dc.date.available | 2012-05-31T09:03:16Z | - |
dc.date.issued | 2012-04 | - |
dc.identifier.citation | Seoul Journal of Economics, Vol.25 No.2, pp. 207-221 | - |
dc.identifier.issn | 1225-0279 | - |
dc.identifier.uri | https://hdl.handle.net/10371/76710 | - |
dc.description.abstract | This paper considers both incentive and sorting effects of a promotion
tournament, and analyzes the optimal degree of uncertainty in the agents' performance measure. In a subjective promotion tournament where the winner is determined by the principal's belief about the agents' ability, this paper shows that a noisy performance measure can have a positive incentive effect and a negative sorting effect. Therefore, it can be optimal for the principal to intentionally choose a noisy performance measure. | - |
dc.language.iso | en | - |
dc.publisher | Institute of Economic Research, Seoul National University | - |
dc.subject | Noisy performance measure | - |
dc.subject | Subjective tournament | - |
dc.subject | Sorting | - |
dc.title | Noisy and Subjective Performance Measure in Promotion Tournaments | - |
dc.type | SNU Journal | - |
dc.contributor.AlternativeAuthor | 권일웅 | - |
dc.citation.journaltitle | Seoul Journal of Economics | - |
dc.citation.endpage | 221 | - |
dc.citation.number | 2 | - |
dc.citation.pages | 207-221 | - |
dc.citation.startpage | 207 | - |
dc.citation.volume | 25 | - |
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