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A biased evaluation of employees' performance can be useful for employers

Credit: Sergey Stepanov (HSE University) In assessing an employees performance, employers often listen to his immediate supervisor or colleagues, and these opinions can be highly subjective. Sergey Stepanov, an economist from HSE University, has shown that biased evaluations can actually benefit employers. An article substantiating this finding was published in the The model described in the article Biased Performance Evaluation in A Model of Career Concerns: Incentives versus Ex-Post Optimali...
Sergey Stepanov University Faculty Of Economic Sciences Economic Behavior Biased Performance Evaluation Career Concerns Ex Post Optimality

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