Klor, Esteban; Kube, Sebastian; Winter, Eyal; Ro'i Zultan - Economics Department, Ben Gurion University of the Negev - 2013
Conventional wisdom suggests that a global increase in monetary rewards should induce agents to exert higher effort. In this paper we demonstrate that this may not hold in team settings. In the context of sequential team production with positive externalities between agents, incentive reversal...