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Network planning models, which forecast the profitability of airline schedules, support many critical decisions, including equipment purchase decisions. Network planning models include an itinerary choice model that is used to allocate air total demand in a city pair to different itineraries....
Persistent link: https://www.econbiz.de/10012981108
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/10013064160
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/10013001202
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/10012992149
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/10012993235
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/10013045274
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/10012922975
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/10013240520
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/10013248428
question we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents …
Persistent link: https://www.econbiz.de/10013323444