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Offshoring in a Knowledge Economy
Antràs, Pol - 2005
question we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents …
Persistent link: https://www.econbiz.de/10012467591
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Opportunity Counts : Teams and the Effectiveness of Production Incentives
Boning, Brent - 2001
This paper investigates the individual and joint effects of group incentive pay and problem-solving teams on productivity. To estimate models of adoption of these work practices and models of the effects of the work practices on productivity, we constructed a data set on the operations of 34...
Persistent link: https://www.econbiz.de/10012470418
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Misperceptions, Moral Hazard, and Incentives in Groups
Gaynor, Martin - 1987
Recent work has shown that, in the presence of moral hazard, balanced budget Nash equilibria in groups are not pareto-optimal. This work shows that when agents misperceive the effects of their actions on the joint outcome, there exist a set of sharing rules which balance the budget and lead to a...
Persistent link: https://www.econbiz.de/10012476839
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Dancing with the Stars : Innovation Through Interactions
Akcigit, Ufuk - 2018
An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with and learning from others. This paper uses a new large-scale panel dataset on European inventors matched to their employers and patents. We document key empirical facts on...
Persistent link: https://www.econbiz.de/10012453248
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The Division of Labor in Teams : A Conceptual Framework and Application to Collaborations in Science
Häussler, Carolin - 2016
perspectives: (1) individual level (the degree to which team members specialize vs. work as generalists), (2) activity level (the … degree to which activities are concentrated among few team members vs. distributed among many) and (3) the intersection … explore team-based knowledge production using a newly available type of data - the disclosures of author contributions on …
Persistent link: https://www.econbiz.de/10012456434
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Image Versus Information : Changing Societal Norms and Optimal Privacy
Ali, S. Nageeb - 2016
We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...
Persistent link: https://www.econbiz.de/10012456472
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Procrastination in Teams
Gans, Joshua S. - 2016
Naively present-biased agents are known to be severe procrastinators. In team settings, procrastination can represent a … form of free-riding that, in excess, can jeopardize a team's ability to meet a deadline. Here we show how naivete and … present bias, despite their reputations, can be desirable traits in a teammate, enabling a team to optimize its performance …
Persistent link: https://www.econbiz.de/10012456781
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Knowledge-based Hierarchies : Using Organizations to Understand the Economy
Garicano, Luis - 2014
We argue that incorporating the decision of how to organize the acquisition, use, and communication of knowledge into economic models is essential to understand a wide variety of economic phenomena. We survey the literature that has used knowledge-based hierarchies to study issues like the...
Persistent link: https://www.econbiz.de/10012458058
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Exploring Tradeoffs in the Organization of Scientific Work : Collaboration and Scientific Reward
Bikard, Michaël - 2013
When do scientists and other knowledge workers organize into collaborative teams and why do they do so for some projects and not others? At the core of this important organizational choice is, we argue, a tradeoff between the productive efficiency of collaboration and the credit allocation that...
Persistent link: https://www.econbiz.de/10012459704
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Project Appraisal and Foreign Exchange Constraints : A Simple Exposition
Blitzer, Charles R. - 1987
In an earlier paper, we showed that the value of shadow prices depends on how the government contemplates re- equilibrating the economy to the perturbation associated with any project, except in the extreme case where the government has chosen all policy instruments optimally. Only under...
Persistent link: https://www.econbiz.de/10012476904