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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...
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environments. Using data from the international OECD PISA test, we consider social interaction within and between groups of natives …
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