As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
Performance Measurement and Information Production
The authors show that the use of imperfect performance measures can cause an agent to devote too many resources (too much effort) to acquiring information. They also analyze the impact of endogenous information acquisition on the optimal incentive strength and the quality of the performance measure used.
Link
http://www.finance.uni-frankfurt.de/wp/837.pdf