Team production is a frequent feature of modern organizations. Combined with team incentives, team production can … create externalities among workers, since their utility upon accepting a contract depends on their team's performance and …

We study the role of information exchange, leadership and coordination in team or partnership structures. For this … purpose, we view individuals jointly engaging in productive processes-a "team"-as endowed with individual and privately held … information on the joint production process. Once individual information is shared, team members decide individually on the effort …