TY  - RPRT
        AU  - Fuchs, William
        TI  - Subjective Evaluations: Discretionary Bonuses and Feedback Credibility
        PY  - 2013/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 7758
        UR  - https://www.iza.org/index.php/publications/dp7758
        AB  - We provide a new rationale for the use of discretionary bonuses. In a setting with unknown match qualities between a worker and a firm and subjective evaluations by the principal, bonuses are useful in order to make the feedback from the firm to the workers credible. This way workers in good matches are less inclined to accept outside offers.
        KW  - feedback
KW  - discretionary bonuses
KW  - signalling
        ER  -