Code for: "Dynamic Evaluation Design"

This is a code behind numerical simulations in the theoretical project "Dynamic Evaluation Design." The abstract of the project is as follows:<br><br>A principal owns a firm, hires an agent of uncertain productivity, and designs a dynamic policy for evaluating his performance. The agent observes ongoing evaluations and decides when to quit. When not quitting, the agent is paid a wage that is linear in his expected productivity; the principal claims the residual performance. After quitting, the players secure fixed outside options.<br><br>I show that equilibrium is Pareto efficient. For a broad class of performance technologies, the agent's equilibrium wage deterministically grows with tenure. My analysis suggests that endogenous performance evaluation plays an important role in shaping careers in organizations.