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- handle: 10670/1.zivpi7
- hal: hal-03759599
- doi: 10.1093/restud/rdaa070
- WOS: 000710586200010
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info:eu-repo/semantics/altIdentifier/doi/10.1093/restud/rdaa070
Mots-clés
Career concerns Mechanism design RatingsSujets proches
Endeavor Effort Service of process Service of papers Abuse of process Process Competence Markov models Markoff processes Analysis, Markov Models, Markov Markov analysis Chains, Markov Markov chains Processes, Markov Article Funds Funding Assessment Finance, commerce, confiscations, etcCiter ce document
Johannes Hörner et al., « Motivational Ratings », HAL-SHS : économie et finance, ID : 10.1093/restud/rdaa070
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Résumé
Performance evaluation (“rating”) systems not only provide information to users but also motivate the rated worker. This article solves for the optimal (effort-maximizing) rating within the standard career concerns framework. We prove that this rating is a linear function of past observations. The rating, however,is not a Markov process, but rather the sum of two Markov processes. We show how it combines information of different types and vintages. An increase in effort may adversely affect some (but not all) future ratings.