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confirmed in a real effort experiment. -- Team ; transparency ; peer pressure ; free-riding ; incentives ; inequity aversion …
Persistent link: https://www.econbiz.de/10003652683
, talented individuals may find it necessary to team up with others to utilize complementary knowledge and generate synergies. On … the other hand, some types of team production environments may have dissonance and motivate individuals to leave the team … specifications of team production functions. This framework explains the necessity to form a team, stability of teams, and the …
Persistent link: https://www.econbiz.de/10008669921
a simple model of team production we examine the interplay of different types of contracts with social norms. We show …
Persistent link: https://www.econbiz.de/10009154576
simple rationale for team based incentives in many environments. Fourth, the Sufficient Statistics Result is violated …
Persistent link: https://www.econbiz.de/10003011503
profit, at either the individual or the team/project level. The choice of metric requires senior management to balance the …
Persistent link: https://www.econbiz.de/10013008890
In this paper we deal with situations of collective contests between two groups over a private prize. A well known way to divide the prize within the winning group is the prize sharing rule introduced by Nitzan, 1991. Since its introduction it has become a standard in the collective contests...
Persistent link: https://www.econbiz.de/10012827736
We investigate dynamic coordination among members of a problem-solving team who receive private signals about which of … routines partially solve the team's coordination problem by synchronizing the team's search efforts and prove to be resilient …
Persistent link: https://www.econbiz.de/10009315473
Teamwork and cooperation between workers can be of substantial value to a firm, yet the level of worker cooperation … team work if their co-workers do the same. We show that there is no pooling in equilibrium, and that workers self …-select into firms that differ in their incentives as well as their resulting level of team work. Our model can explain why firms …
Persistent link: https://www.econbiz.de/10013316936
simple rationale for team based incentives in many environments. Fourth, the Sufficient Statistics Result is violated …
Persistent link: https://www.econbiz.de/10013318431
The inclination of individuals to improve their performance when it lags behind that of others with whom they naturally compare themselves can be harnessed to optimize the individuals' effort in work and study. In a given set of individuals, we characterize each individual by his relative...
Persistent link: https://www.econbiz.de/10012419100