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shift responsibility to, like the leader in our three person game. -- Team production ; Trust ; Principal Agent ; Guilt … ; Guilt alleviation ; Conformity ; False consensus effect ; Lab experiment ; Cherry picking …
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conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team … composed by three subjects. Each team can freely discuss its strategies in the game and decisions must be made via a majority … rule. Team discussions are recorded and their content analyzed to detect evidence of strategy co-evolution among teams …
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affects the performance of firms that increase the power of the incentive schemes. In a laboratory experiment, we let subjects … choose between (low-powered) team incentives and (high-powered) individual incentives. We observe that subjects exhibiting … high trust or reciprocity in the trust game are more likely to choose team incentives. When exposed to individual …
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