models. At the market level, Becker offers two major types of models: partial equilibrium models based on Price Theory as … possible intellectual influences on Becker's theory of marriage, compares Becker's research on marriage with that of some …

within education groups, our theory helps to explain (1) rising wage inequality between groups, and (2) rising wage …

While the output of a team is evident, the productivity of each team member is typically not readily identifiable. In … this paper we consider the problem of measuring the productivity of team members. We propose a new concept of coworker … matrix of a team, and illustrate the operational practicability of EVP by means of three examples representing different …

We study the role of information exchange, leadership and coordination in team or partnership structures. For this … purpose, we view individuals jointly engaging in productive processes — a ‘team' — as endowed with individual and privately … held information on the joint production process. Once individual information is shared, team members decide individually …

observable. A team incentive scheme, where each agent is paid a bonus for aggregate output above a threshold, is optimal in case … (a). The team's efficiency may increase considerably with size if outputs are negatively correlated. Under (b) a … performance. The two cases reveal that it may be optimal to organize production as a team where only aggregate output is …