This paper examines how the effort choices of workers within the same firm interact with each other. In contrast to the … existing literature, we show that workers can affect the productivity of their co-workers based on income maximization … show that a worker's effort has a positive effect on the effort of co-workers if they are complements in production, and a …

This paper examines how the effort choices of workers within the same firm interact with each other. In contrast to the … existing literature, we show that workers can affect the productivity of their co-workers based on income maximization … show that a worker's effort has a positive effect on the effort of co-workers if they are complements in production, and a …

We analyse the effect of overconfidence in a model of team-production with effort complementarities. We show that … overconfident have a significantly positive effect on their team's success. …Wir betrachten den Effekt von Overconfidence mit Hilfe eines intuitiven Modells einer Team-Produktion mit …

differences in betting odds or rankings to measure ability differences, our results support standard tournament theory as we find … shows that this overall decrease in efforts is almost entirely driven by the reaction of the ex-ante favorite team. …