Most projects, in most walks of life, require the participation of multiple parties. While it is difficult to unite individuals in a common endeavor, some people, whom we call “movers and shakers,” seem able to do it. The paper specifically examines moving and shaking of an investment...

Peer activities influence incentives in teams involving incomplete information through the information they transmit. One channel of information transmission is through costless signaling - team bonding, motivational sessions etc. - which in the language of game theory is cheap talk. Another is...