Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059306 | Economics Letters | 2014 | 4 Pages |
Abstract
I study the trade-off between private and verifiable interim performance evaluations under uncertainty. More uncertainty leads to higher agency costs if the interim evaluation is public and verifiable but lower agency costs if the interim evaluation is private and unverifiable.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Stefan Terstiege,