This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot … scheme of incentives in a major government agency. The incentive scheme was based on teams and covered quantity and quality … targets, measured with varying degrees of precision. We use data from the agency’s performance management system and personnel …

against our data. We find that team size affects the impact of the incentive scheme upon performance. Moreover, while the …This Paper evaluates the impact of a team-based incentive scheme piloted in the public sector agency, Jobcentre Plus …

with groups using data of two thousand firms from nine East Asian economies between 1994-96. We find that mature and slow …

This Paper proposes a theory of the optimal organization of delegated expertise. For incentive purposes, a principal … a single expert, we show that the agency costs of delegated expertise exhibit diseconomies of scale. Possible …

The empirical performance of macroeconomic exchange rate models is more than disappointing. This dismal result is also …

particular agents can lead to a third agent being endogenously excluded from the team, even if his own synergy is unchanged. This … result has implications for optimal team composition and firm boundaries. …

Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce …. Compared to individual incentives, team incentives can affect productivity by changing both workers’ effort and team … productivity and composition of teams. Strengthening incentives, either through rankings or tournaments, makes workers more likely …

particular agents can lead to a third agent being endogenously excluded from the team, even if his own synergy is unchanged. This … result has implications for optimal team composition and firm boundaries. …

Consider Holmström.s moral hazard in teams problem when there are n agents, each agent i has a a …

other in a team. Our results suggest that teams in which the importance of these benefits varies across team members are …In this paper we analyse the frequently observed phenomenon that (i) some members of a team ('black sheep') exhibit … behaviour disliked by other (honest) team members, who (ii) nevertheless refrain from reporting such misbehaviour to the …