López-Pintado, Dunia; Moreno-Ternero, Juan D. - In: Journal of Mathematical Economics 51 (2014) C, pp. 154-162
We study the optimal management of teams in which agents’ effort decisions are mapped (via a production technology) into the probability of the team’s success. Optimal wage schemes in such context are largely discriminatory, but we show that the extent of the discrimination crucially depends...