What is the largest value of relative optimism dej at which, HR Management

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What is the largest value of relative optimism dej at which

1. Assume that litigation will cost the plaintiff $120 and the defendant $120. Assume that settling out of court is free (SC=$0). What is the largest value of relative optimism (DEJ) at which the parties can still settle out of court? Explain.

2. What comprises effective performance management? What is the difference between performance appraisal and performance management?

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