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Teams and team leadership have become importantareas of research. This study examines both shared and vertical … top management team is related tothe firm's performance. The hypothesis that vertical leadership, in whichthe more …
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chosen team composition. Experimental data supports the direction of the main predictions, though it shows how and why … participants deviate from expected behavior. In particular, it shows that managers selecting a team composition closer to the … optimal predictions delegate better and have higher payoffs. Deviations from the optimal team composition are consistent with …
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We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information aggregation. On the one hand, the expected benefit...
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. However, there are notable differences in the results obtained for each improvement team. Research limitations …
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