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This paper aims at analyzing the relationships between teamwork, autonomy and individual evaluation interviews. Within an agency model with teamwork, we show that a production technology characterized by strong horizontal interdependencies and super-modularity does not ensure coordination within...
Persistent link: https://www.econbiz.de/10010939351
In this paper, we develop a Principal-Agent model with both monetary and non-monetary incentives. We show that the latter are always more efficient, that is Pareto-dominate, monetary incentives. Indeed, we not only show that all what monetary incentives can do, non-monetary incentives can do it...
Persistent link: https://www.econbiz.de/10010939367