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We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously determines the outcome of several contests on different hierarchical levels. We show that individuals in smaller units are advantaged in the grand (organization-wide) contest for...
Persistent link: https://www.econbiz.de/10012138834
Companies increasingly shift from hierarchical to team-based organizational structures. Scholars and practitioners … performance time-wise, but also team organization, without reducing the originality of solutions. Hence, leadership encouragements … can serve as a cost-effective tool to foster team performance. …
Persistent link: https://www.econbiz.de/10012607636
provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production …
Persistent link: https://www.econbiz.de/10010518803
Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...
Persistent link: https://www.econbiz.de/10009700302
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 …
Persistent link: https://www.econbiz.de/10010349864
tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest …, reduces quality, and increases in-pocket income of team managers. -- incentives ; attention ; salience ; communication ; field …
Persistent link: https://www.econbiz.de/10009514750
this incentive mechanism is reinvigorated after a management change - but only when the team is sufficiently homogenous …. Indeed, we find substantial evidence that coach replacements enhance team performance (only) in homogenous teams. Moreover …
Persistent link: https://www.econbiz.de/10009630660
Between and within firms, work teams compete against each other and receive feedback on how well their team is … feedback (RPF) at team level. We find that when subjects work under team incentives, then RPF on team performance increases the … experiment suggests that top performers are particularly motivated by the combination of team incentives and team RPF. In fact …
Persistent link: https://www.econbiz.de/10011793858
This paper examines the allocative implications of progressive income taxation when individuals care about their relative income. It shows that tax progressivity might improve efficiency, and the more so in egalitarian economies. Introducing a progressive income tax can yield a Pareto...
Persistent link: https://www.econbiz.de/10009781645
We study a symmetric private value auction with signaling, in which the auction outcome is used by an outside observer to infer the bidders’ types. We elicit conditions under which an essentially unique D1 equilibrium bidding function exists in the second-price auction and the English auction....
Persistent link: https://www.econbiz.de/10012305849