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In a principal-agent framework, we explain different managing styles. In our model, there are two vertical tasks -- an upstream task for improving the project's potential environment, and a downstream task for implementing the project. The downstream task must be done by the worker, but the...
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managers, coupled with bonuses based on their leadership rank among all leaders. Our intervention increased worker productivity …
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tournaments there was an additional prize for the branch manager). We also surveyed the branch managers and employees prior to our … intervention to measure the team characteristics and the leadership style of the managers, and we evaluate the pictures that teams … encouraging managers to monitor employees more closely, but at the same time, hampering their efforts to build team spirit …
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We study, experimentally, how two alternative incentive mechanisms affect team performance, and how a team chooses between alternative mechanisms. We study a group incentive mechanism, where team output is shared equally among team members, and a hierarchical mechanism team output is allocated...
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