Team incentives are important in many compensation systems that pay workers according to the output of their team as … well as to their own output, with team bonuses often depending on whether the team meets or exceeds specified thresholds …. Yet little is known about how team members with different abilities respond to compensation rules and thresholds. We …

. shared leadership, establish stability in shared leadership, or experience repeated discord-induced TMT leader departures …. While most firms do not experience smooth transitions to stable shared TMT leadership, a focus on value creation, in … conjunction with talent recruitment and promotion, enabled some firms to achieve stable shared leadership in spite of discord …

We present the results from a field experiment on team diversity. Individuals working as door-to-door canvassers for a … teammates and their supervisor) and external diversity (between teams and the individuals they canvassed). We observe team …

diversity (i.e., within the team) as well as vertical diversity (i.e., team to faculty advisor) and their effect on performance … course was run in multiple cohorts in otherwise identical formats except for the team formation mechanism used. In several … exogenous to the gender make-up of the entrepreneurial team, the positive performance effects can be interpreted as causal …

created at firm formation and is inalienable from the founding team itself. To test this hypothesis, we exploit premature … deaths to identify the causal impact of losing a founding team member on startup performance. We find that the exogenous … separation of a founding team member due to premature death has a persistently large, negative, and statistically significant …

This paper estimates social effects of incentivizing people in teams. In two field experiments featuring exogenous team … formation and opportunities for repeated social interactions, we find large team effects that operate through social channels …. The team compensation system induced agents to choose effort as if they valued a marginal dollar of compensation for their …

practices, training, and teamwork. Many questions are asked. Why should pay vary across workers within firms--and how … teamwork, be combined within firms? Personnel economics offers new tools and new answers to these questions …