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The characteristics of endogenously determined sharing rules and the group-size paradox are studied in a model of group contest with the following features: (i) The prize has mixed private-public good characteristics. (ii) Groups can differ in marginal cost of effort and their membership size....
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We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on … pronounced under team incentives than under individual piece-rates, which highlights a so far fairly neglected feature of these …
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We develop a theory of incentives, wages, and employment in the context of team production. A central insight is that … incentives under moral hazard. We show that incentives and employment are complements for the principal when the positive effects …
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Mixed individual and group incentives are widely used in practice under the assumption that by incentivizing both … of mixed incentives, one in which incentives are implemented in a simultaneous/independent manner and the other in a … sequential/dependent manner. Results suggest that adding individual incentives to group incentives motivates greater total effort …
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-sharing selective incentives …
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