Soll der gemeinsam erzeugte Output zwischen den Mitgliedern eines Teams aufgeteilt werden, so kann dies die Anreize aller Mitglieder vermindern, unbeobachtbare Anstrengung zu leisten. Weist die gemeinsame Produktionsfunktion darüber hinaus positive Kreuzableitungen auf, so ist Teamarbeit zwar...

What is the motivational effect of imposing a minimum effort require- ment? Agents may no longer exert voluntary effort but merely meet the requirement. Here, we examine how such hidden costs of control change when control is considered legitimate. We study a principal- agent model where control...

We investigate a team setting in which workers have different degrees of commitment to the outcome of their work. We show that if there are complementarities in production and if the team manager has some information about team members, interventions that the manager undertakes in order to...

This paper develops a model in which workers are heterogeneous in their intrinsic motivation to work at a firm. We characterise optimal incentive schemes and examine how the firm can attract and select highly motivated workers to fill a vacancy when workers’ motivation is private information....