Evaluating Agents, Attorneys, Arbitrators, Mediators (and Students)
The agency literature is filled with discussions of how best to structure compensation systems to promote the right incentives for people we hire to do things on our behalf. Embedded in most of it is an assumption that we can tell when someone is doing a good job. That’s not a bold assumption when I … Continue reading Evaluating Agents, Attorneys, Arbitrators, Mediators (and Students)