Team production is a frequent feature of modern organizations. Combined with team incentives, team production can … create externalities among workers, since their utility upon accepting a contract depends on their team's performance and … therefore on their colleagues' productivity. We study the effects of such externalities in a competitive labor market if workers …

This paper views authority as the right to undertake decisions that impose externalities on other members of the …

inputs and rewards in team production. Second, it deals with the costs of measuring attributes of the good and their impact …

for horizontal and vertical mergers, and depends on the strength of (co)agglomeration externalities. In horizontal mergers … to reduce production redundancy or contain local competition. In vertical mergers, the target establishments are less … geographically proximate inputs for production. Using proxies to capture three dimensions of (co)agglomeration: input sharing …