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ArtikelOptimal Design of Peer Review and Self-Assessment Schemes  
Oleh: Sjostrom, Tomas ; Baliga, Sandeep
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Rand Journal of Economics vol. 32 no. 1 (2001), page 27-51.
Topik: DESIGN; optimal design; peer; self - assessment schemes
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: RR10.5
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelA principal must decide whether or not to implement a project which originated with one of her employees. Several employees have information about the quality of the project. A successfully implemented project raises the inventor's chance of promotion, at his peer's expense, but a failed project ruins the inventor's career. An employee who has a relatively good reputation (and therefore is happy with the status quo) must be encouraged to promote new ideas. An employee who has a relatively bad reputation (and therefore wants to change the status quo) must be prevented from exaggerating the quality of new ideas. We study incentive - compatible and renegotiation - proof mechanisms, and find that self - assessment (without any peer reports) is optimal.
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