Diaye, Marc-Arthur; Greenan, Nathalie - HAL - 2012
Performance appraisals have become a widespread practice in OECD member countries. However, whereas the problem of … constructing an optimal contract with subjective evaluation receives a lot of attention, rmlevel performance appraisals are … strikingly left outside of economic theory. The purpose of this paper is threefold: rst, to theoretically de ne what performance …