Peer Performance Evaluation: Information Aggregation Approach |
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Authors: | Jin‐Hyuk Kim |
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Institution: | Pembroke College Cambridge, CB2 1RF United Kingdomjhk40@cam.ac.uk |
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Abstract: | This paper studies how peer performance evaluation can elicit information on a group of workers when coworkers are competing for promotion. Although raters may have an incentive to game the system and free‐ride on others’ information, the firm can implement the optimal peer evaluation system that induces truth revelation and complements supervisory evaluation. Implications are also drawn for human resource management practices. |
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