Multi-Rater Performance Evaluations and Incentives
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Axel Ockenfels & Dirk Sliwka & Peter Werner, 2024. "Multi-rater Performance Evaluations and Incentives," ECONtribute Discussion Papers Series 307, University of Bonn and University of Cologne, Germany.
References listed on IDEAS
- Letina, Igor & Liu, Shuo & Netzer, Nick, 2020.
"Delegating performance evaluation,"
Theoretical Economics, Econometric Society, vol. 15(2), May.
- Igor Letina & Shuo Liu & Nick Netzer, 2017. "Delegating performance evaluation," ECON - Working Papers 266, Department of Economics - University of Zurich, revised Nov 2018.
- Kathrin Manthei & Dirk Sliwka, 2019. "Multitasking and Subjective Performance Evaluations: Theory and Evidence from a Field Experiment in a Bank," Management Science, INFORMS, vol. 65(12), pages 5861-5883, December.
- Ben Greiner, 2015. "Subject pool recruitment procedures: organizing experiments with ORSEE," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 1(1), pages 114-125, July.
- Canice Prendergast, 1999. "The Provision of Incentives in Firms," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 7-63, March.
- Marchegiani, Lucia & Reggiani, Tommaso & Rizzolli, Matteo, 2016.
"Loss averse agents and lenient supervisors in performance appraisal,"
Journal of Economic Behavior & Organization, Elsevier, vol. 131(PA), pages 183-197.
- Lucia Marchegiani & Tommaso Reggiani & Matteo Rizzolli, 2016. "Loss Averse Agents and Lenient Supervisors in Performance Appraisal," CERBE Working Papers wpC11, CERBE Center for Relationship Banking and Economics.
- Bentley W. MacLeod, 2003.
"Optimal Contracting with Subjective Evaluation,"
American Economic Review, American Economic Association, vol. 93(1), pages 216-240, March.
- Bentley MacLeod, 2001. "Optimal Contracting with Subjective Evaluation," Theory workshop papers 357966000000000036, UCLA Department of Economics.
- Jeffrey Carpenter & Andrea Robbett & Prottoy A. Akbar, 2018.
"Profit Sharing and Peer Reporting,"
Management Science, INFORMS, vol. 64(9), pages 4261-4276, September.
- Carpenter, Jeffrey P. & Robbett, Andrea & Akbar, Prottoy, 2016. "Profit Sharing and Peer Reporting," IZA Discussion Papers 9946, Institute of Labor Economics (IZA).
- Gary Bolton & Ben Greiner & Axel Ockenfels, 2013.
"Engineering Trust: Reciprocity in the Production of Reputation Information,"
Management Science, INFORMS, vol. 59(2), pages 265-285, January.
- Gary E. Bolton & Ben Greiner & Axel Ockenfels, 2009. "Engineering Trust - Reciprocity in the Production of Reputation Information," Discussion Papers 2009-02, School of Economics, The University of New South Wales.
- Gary Bolton & Ben Greiner & Axel Ockenfels, 2009. "Engineering Trust - Reciprocity in the Production of Reputation Information," Working Paper Series in Economics 42, University of Cologne, Department of Economics, revised 22 Jan 2011.
- Nicolas Roux & Joel Sobel, 2015.
"Group Polarization in a Model of Information Aggregation,"
American Economic Journal: Microeconomics, American Economic Association, vol. 7(4), pages 202-232, November.
- Roux, Nicolas & Sobel, Joel, 2015. "Group Polarization in a Model of Information Aggregation," University of California at San Diego, Economics Working Paper Series qt78t320tr, Department of Economics, UC San Diego.
- Roux, Nicolas & Sobel, Joel, 2015. "Group Polarization in a Model of Information Aggregation," University of California at San Diego, Economics Working Paper Series qt64g6x4t0, Department of Economics, UC San Diego.
- George Baker & Robert Gibbons & Kevin J. Murphy, 1994.
"Subjective Performance Measures in Optimal Incentive Contracts,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(4), pages 1125-1156.
- George Baker & Robert Gibbons & Kevin J. Murphy, 1993. "Subjective Performance Measures in Optimal Incentive Contracts," NBER Working Papers 4480, National Bureau of Economic Research, Inc.
- Jeffrey Carpenter & Peter Hans Matthews & John Schirm, 2010.
"Tournaments and Office Politics: Evidence from a Real Effort Experiment,"
American Economic Review, American Economic Association, vol. 100(1), pages 504-517, March.
- Carpenter, Jeffrey P. & Matthews, Peter Hans & Schirm, John, 2007. "Tournaments and Office Politics: Evidence from a Real Effort Experiment," IZA Discussion Papers 2972, Institute of Labor Economics (IZA).
- Jeffrey Carpenter & Peter Hans Matthews & John Schirm, 2007. "TOURNAMENTS AND OFFICE POLITICS: Evidence from a real effort experiment," Middlebury College Working Paper Series 0709, Middlebury College, Department of Economics.
- Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
- Patrick Kampkötter & Dirk Sliwka, 2016.
"The Complementary Use of Experiments and Field Data to Evaluate Management Practices: The Case of Subjective Performance Evaluations,"
Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 172(2), pages 364-389, June.
- Kampkötter, Patrick & Sliwka, Dirk, 2015. "The Complementary Use of Experiments and Field Data to Evaluate Management Practices: The Case of Subjective Performance Evaluations," IZA Discussion Papers 9285, Institute of Labor Economics (IZA).
- Angelovski, Andrej & Brandts, Jordi & Sola, Carles, 2016.
"Hiring and escalation bias in subjective performance evaluations: A laboratory experiment,"
Journal of Economic Behavior & Organization, Elsevier, vol. 121(C), pages 114-129.
- Andrej Angelovski & Jordi Brandts & Carles Sola, 2014. "Hiring and Escalation Bias in Subjective Performance Evaluations: A Laboratory Experiment," BELIS Working Papers 2014-02, BELIS, Istanbul Bilgi University.
- Andrej Angelovski & Jordi Brandts & Carles Solà, 2015. "Hiring and Escalation Bias in Subjective Performance Evaluations: A Laboratory Experiment," Working Papers 839, Barcelona School of Economics.
- Charles Bellemare & Alexander Sebald, 2018.
"Self-Confidence and Reactions to Subjective Performance Evaluations,"
CESifo Working Paper Series
7325, CESifo.
- Bellemare, Charles & Sebald, Alexander, 2019. "Self-Confidence and Reactions to Subjective Performance Evaluations," IZA Discussion Papers 12215, Institute of Labor Economics (IZA).
- Alexander Sebald & Markus Walzl, 2014.
"Subjective Performance Evaluations and Reciprocity in Principal–Agent Relations,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 116(2), pages 570-590, April.
- Alexander Sebald & Markus Walzl, 2012. "Subjective performance evaluations and reciprocity in principal-agent relations," Working Papers 2012-15, Faculty of Economics and Statistics, Universität Innsbruck.
- Grabner, Isabella & Künneke, Judith & Moers, Frank, 2020. "How calibration committees can mitigate performance evaluation bias: An analysis of implicit incentives," Department for Strategy and Innovation Working Paper Series 04/2020, WU Vienna University of Economics and Business.
- Brice Corgnet, 2012.
"Peer Evaluations And Team Performance: When Friends Do Worse Than Strangers,"
Economic Inquiry, Western Economic Association International, vol. 50(1), pages 171-181, January.
- Brice Corgnet, 2009. "Peer Evaluations and Team Performance: When Friends Do Worse Than Strangers," Faculty Working Papers 12/09, School of Economics and Business Administration, University of Navarra.
- Brice Corgnet, 2012. "Peer Evaluations and Team Performance : When Friends Do Worse Than Strangers," Post-Print hal-02311960, HAL.
- Frederiksen, Anders & Lange, Fabian & Kriechel, Ben, 2017.
"Subjective performance evaluations and employee careers,"
Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 408-429.
- Frederiksen, Anders & Lange, Fabian & Kriechel, Ben, 2012. "Subjective Performance Evaluations and Employee Careers," IZA Discussion Papers 6373, Institute of Labor Economics (IZA).
- Golman, Russell & Bhatia, Sudeep, 2012. "Performance evaluation inflation and compression," Accounting, Organizations and Society, Elsevier, vol. 37(8), pages 534-543.
- Gary Charness & Matthias Sutter, 2012. "Groups Make Better Self-Interested Decisions," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 157-176, Summer.
- Axel Engellandt & Regina T. Riphahn, 2011. "Evidence on Incentive Effects of Subjective Performance Evaluations," ILR Review, Cornell University, ILR School, vol. 64(2), pages 241-257, January.
- Axel Ockenfels & Dirk Sliwka & Peter Werner, 2015.
"Bonus Payments and Reference Point Violations,"
Management Science, INFORMS, vol. 61(7), pages 1496-1513, July.
- Ockenfels, Axel & Sliwka, Dirk & Werner, Peter, 2010. "Bonus Payments and Reference Point Violations," IZA Discussion Papers 4795, Institute of Labor Economics (IZA).
- Dannenberg, Astrid & Riechmann, Thomas & Sturm, Bodo & Vogt, Carsten, 2007.
"Inequity Aversion and Individual Behavior in Public Good Games: An Experimental Investigation,"
ZEW Discussion Papers
07-034, ZEW - Leibniz Centre for European Economic Research.
- Sturm, Bodo & Riechmann, Thomas & Dannenberg, Astrid & Vogt, Carsten, 2007. "Inequity Aversion and Individual Behavior in Public Good Games: An Experimental Investigation," ZEW Discussion Papers 07-034 [rev.], ZEW - Leibniz Centre for European Economic Research.
- Prendergast, Canice & Topel, Robert H, 1996.
"Favoritism in Organizations,"
Journal of Political Economy, University of Chicago Press, vol. 104(5), pages 958-978, October.
- Canice Prendergast & Robert H. Topel, 1993. "Favoritism in Organizations," NBER Working Papers 4427, National Bureau of Economic Research, Inc.
- Moers, Frank, 2005. "Discretion and bias in performance evaluation: the impact of diversity and subjectivity," Accounting, Organizations and Society, Elsevier, vol. 30(1), pages 67-80, January.
- Gary E. Bolton & David J. Kusterer & Johannes Mans, 2019. "Inflated Reputations: Uncertainty, Leniency, and Moral Wiggle Room in Trader Feedback Systems," Management Science, INFORMS, vol. 65(11), pages 5371-5391, November.
- Shane Frederick, 2005. "Cognitive Reflection and Decision Making," Journal of Economic Perspectives, American Economic Association, vol. 19(4), pages 25-42, Fall.
- Friederike Mengel, 2021. "Gender Bias In Opinion Aggregation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(3), pages 1055-1080, August.
- Prendergast, Canice & Topel, Robert, 1993. "Discretion and bias in performance evaluation," European Economic Review, Elsevier, vol. 37(2-3), pages 355-365, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kusterer, David & Sliwka, Dirk, 2022. "Social Preferences and Rating Biases in Subjective Performance Evaluations," IZA Discussion Papers 15496, Institute of Labor Economics (IZA).
- Frederiksen, Anders & Lange, Fabian & Kriechel, Ben, 2017.
"Subjective performance evaluations and employee careers,"
Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 408-429.
- Frederiksen, Anders & Lange, Fabian & Kriechel, Ben, 2012. "Subjective Performance Evaluations and Employee Careers," IZA Discussion Papers 6373, Institute of Labor Economics (IZA).
- Lucia Marchegiani & Tommaso Reggiani & Matteo Rizzolli, 2013. "Severity vs. Leniency Bias in Performance Appraisal: Experimental evidence," BEMPS - Bozen Economics & Management Paper Series BEMPS01, Faculty of Economics and Management at the Free University of Bozen.
- Marchegiani, Lucia & Reggiani, Tommaso & Rizzolli, Matteo, 2016.
"Loss averse agents and lenient supervisors in performance appraisal,"
Journal of Economic Behavior & Organization, Elsevier, vol. 131(PA), pages 183-197.
- Lucia Marchegiani & Tommaso Reggiani & Matteo Rizzolli, 2016. "Loss Averse Agents and Lenient Supervisors in Performance Appraisal," CERBE Working Papers wpC11, CERBE Center for Relationship Banking and Economics.
- Gary E. Bolton & David J. Kusterer & Johannes Mans, 2019. "Inflated Reputations: Uncertainty, Leniency, and Moral Wiggle Room in Trader Feedback Systems," Management Science, INFORMS, vol. 65(11), pages 5371-5391, November.
- Johannes Berger & Christine Harbring & Dirk Sliwka, 2013.
"Performance Appraisals and the Impact of Forced Distribution--An Experimental Investigation,"
Management Science, INFORMS, vol. 59(1), pages 54-68, June.
- Berger, Johannes & Harbring, Christine & Sliwka, Dirk, 2010. "Performance Appraisals and the Impact of Forced Distribution: An Experimental Investigation," IZA Discussion Papers 5020, Institute of Labor Economics (IZA).
- Patrick Kampkötter & Dirk Sliwka, 2016.
"The Complementary Use of Experiments and Field Data to Evaluate Management Practices: The Case of Subjective Performance Evaluations,"
Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 172(2), pages 364-389, June.
- Kampkötter, Patrick & Sliwka, Dirk, 2015. "The Complementary Use of Experiments and Field Data to Evaluate Management Practices: The Case of Subjective Performance Evaluations," IZA Discussion Papers 9285, Institute of Labor Economics (IZA).
- Werner, Peter, 2024. "On common evaluation standards and the acceptance of wage inequality," Games and Economic Behavior, Elsevier, vol. 145(C), pages 137-156.
- Kathrin Manthei & Dirk Sliwka, 2019. "Multitasking and Subjective Performance Evaluations: Theory and Evidence from a Field Experiment in a Bank," Management Science, INFORMS, vol. 65(12), pages 5861-5883, December.
- Gary E. Bolton & David J. Kusterer & Johannes Mans, 2015.
"Inflated reputations: Uncertainty, leniency & moral wiggle room in trader feedback systems,"
Cologne Graduate School Working Paper Series
06-04, Cologne Graduate School in Management, Economics and Social Sciences, revised 29 Jul 2016.
- Kusterer, David & Bolton, Gary & Mans, Johannes, 2016. "Inflated Reputations Uncertainty, Leniency & Moral Wiggle Room in Trader Feedback Systems," VfS Annual Conference 2016 (Augsburg): Demographic Change 145794, Verein für Socialpolitik / German Economic Association.
- Irene Trapp & Rouven Trapp, 2019. "The psychological effects of centrality bias: an experimental analysis," Journal of Business Economics, Springer, vol. 89(2), pages 155-189, March.
- B. William Demeré & Karen L. Sedatole & Alexander Woods, 2019. "The Role of Calibration Committees in Subjective Performance Evaluation Systems," Management Science, INFORMS, vol. 65(4), pages 1562-1585, April.
- Jurjen J.A. Kamphorst & Otto H. Swank, 2018.
"The role of performance appraisals in motivating employees,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(2), pages 251-269, June.
- Jurjen J.A. Kamphorst & Otto H. Swank, 2012. "The Role of Performance Appraisals in Motivating Employees," Tinbergen Institute Discussion Papers 12-034/1, Tinbergen Institute.
- Thuy-Van Tran & Sinikka Lepistö & Janne Järvinen, 2021. "The relationship between subjectivity in managerial performance evaluation and the three dimensions of justice perception," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 32(3), pages 369-399, September.
- Angelovski, Andrej & Brandts, Jordi & Sola, Carles, 2016.
"Hiring and escalation bias in subjective performance evaluations: A laboratory experiment,"
Journal of Economic Behavior & Organization, Elsevier, vol. 121(C), pages 114-129.
- Andrej Angelovski & Jordi Brandts & Carles Sola, 2014. "Hiring and Escalation Bias in Subjective Performance Evaluations: A Laboratory Experiment," BELIS Working Papers 2014-02, BELIS, Istanbul Bilgi University.
- Andrej Angelovski & Jordi Brandts & Carles Solà, 2015. "Hiring and Escalation Bias in Subjective Performance Evaluations: A Laboratory Experiment," Working Papers 839, Barcelona School of Economics.
- Rizzolli, Matteo & Tremewan, James, 2018. "Hard labor in the lab: Deterrence, non-monetary sanctions, and severe procedures," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 77(C), pages 107-121.
- Juho Jokinen & Jaakko Pehkonen, 2021. "The role of personal and relative job performance in promotion decisions," LABOUR, CEIS, vol. 35(4), pages 485-499, December.
- Marco Kleine & Sebastian Kube, 2015.
"Communication and Trust in Principal-Team Relationships: Experimental Evidence,"
Discussion Paper Series of the Max Planck Institute for Research on Collective Goods
2015_06, Max Planck Institute for Research on Collective Goods.
- Kleine, Marco & Kube, Sebastian, 2015. "Communication and Trust in Principal-Team Relationships: Experimental Evidence," IZA Discussion Papers 8762, Institute of Labor Economics (IZA).
- Uwe Jirjahn & Erik Poutsma, 2013.
"The Use of Performance Appraisal Systems: Evidence from Dutch Establishment Data,"
Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 52(4), pages 801-828, October.
- Uwe Jirjahn & Erik Poutsma, 2011. "The Use of Performance Appraisal Systems: Evidence from Dutch Establishment Data," Research Papers in Economics 2011-02, University of Trier, Department of Economics.
- Tim Hermans & Martine Cools & Alexandra Van den Abbeele, 2021. "The role of information accuracy and justification in bonus allocations," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 32(2), pages 197-223, June.
More about this item
Keywords
performance appraisal; calibration panels; group decision-making; real effort; incentives;All these keywords.
JEL classification:
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
- M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EXP-2024-04-01 (Experimental Economics)
- NEP-HRM-2024-04-01 (Human Capital and Human Resource Management)
- NEP-LMA-2024-04-01 (Labor Markets - Supply, Demand, and Wages)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iza:izadps:dp16812. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Holger Hinte (email available below). General contact details of provider: https://edirc.repec.org/data/izaaade.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.