Performance prediction and performance-based task allocation
Trautmann,Stefan T. Vollmann,Martin Becker,Christoph
Trautmann,Stefan T.
Vollmann,Martin
Becker,Christoph
Abstract
Self-perception and perception by others can diverge. Such differences can play an important role in corporate governance settings, for example in the context of task allocation. We run two experiments to study how predictions about own performance and the performance of others develop over time and how they influence allocation in performance-based decisions. Our findings indicate that people underestimate their own performance, but are too keen to take up performance-dependent tasks. Observers form accurate performance estimates about the performer based on observation. However, when making allocation decisions on the basis of the performer's self-assessment only, they are too hesitant to trust in the performer's success.
Description
Publisher Copyright: © 2024 The Author(s)
Date
2024-04
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Volume Title
Publisher
Research Projects
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Journal Issue
Keywords
Corporate governance, Modesty, Performance evaluation, Principal -agent relationship
Citation
Trautmann, S T, Vollmann, M & Becker, C 2024, 'Performance prediction and performance-based task allocation', Journal of Economic Behavior & Organization, vol. 220, pp. 354-368. https://doi.org/10.1016/j.jebo.2024.02.027