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How Often Should You Open the Door? Optimal Monitoring to Screen Heterogeneous Agents

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dc.creator Ichino, Andrea
dc.creator Muehlheusser, Gerd
dc.date 2004
dc.date.accessioned 2013-10-16T07:09:24Z
dc.date.available 2013-10-16T07:09:24Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20222
dc.identifier ppn:378140426
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20222
dc.description This paper shows that monitoring too much a partner in the initial phase of a relationship may not be optimal if the goal is to determine his loyalty to the match and if the cost of ending the relationship increases over time. The intuition is simple: by monitoring too much we learn less on how the partner will behave when he is not monitored. Only by giving to the partner the possibility to misbehave he might be tempted to do it, and only in this case there is a chance to learn his type at a time where separation would be possible at a relatively low cost.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 987
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject M5
dc.subject D8
dc.subject D2
dc.subject ddc:330
dc.subject monitoring
dc.subject probation
dc.subject effort
dc.subject asymmetric information
dc.subject Leistungskontrolle
dc.subject Agency Theory
dc.subject Kosten
dc.subject Leistungsmotivation
dc.subject Theorie
dc.title How Often Should You Open the Door? Optimal Monitoring to Screen Heterogeneous Agents
dc.type doc-type:workingPaper


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