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We study, experimentally, how two alternative incentive mechanisms affect team performance, and how a team chooses … between alternative mechanisms. We study a group incentive mechanism, where team output is shared equally among team members …, and a hierarchical mechanism team output is allocated by a team leader. Our experiment examines these mechanisms in both …
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The practice of leadership traditionally has focused on the role of leaders in managing and protecting group boundaries …. Leaders often operate within their box on the organizational chart, within the interests of their unit or team, and within the …
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How should decision-making be organized in entrepreneurial teams when founders exhibit confidence biases? New ventures … are commonly founded by teams of entrepreneurs, who must employ a decision-making structure that implicitly or explicitly … defines how individual beliefs are aggregated into team decisions. We consider this issue through the lens of organizational …
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