Backes-Gellner, Uschi; Mohnen, Alwine; Werner, Arndt - 2015
The paper analyzes the effect of team-size on effort in start-up teams. We extend the model of Kandel and Lazear (1992) to study the joint effect of free-riding and peer pressure, which both dependent on team size in our model. The special characteristic of start-up teams is their unique...