LOPEZ-PINTADO, Duna; MORENO-TERNERO, Juan D. - Center for Operations Research and Econometrics (CORE), … - 2009
A recurrent dilemma in team management is to select between a team-based and an individual based wage scheme. We explore such a dilemma in a simple model of production in teams, in which the team members may differ in their effort choices and qualification. We show that, in spite of enhancing...