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basis of individual performance and the other graded on the basis of the team performance. We find that students assigned to … socially connected teams perform significantly better than control students in both the team part and the individual part of …
Persistent link: https://www.econbiz.de/10011543736
basis of individual performance and the other graded on the basis of the team performance. We find that students assigned to … socially connected teams perform significantly better than control students in both the team part and the individual part of …
Persistent link: https://www.econbiz.de/10011559685
Persistent link: https://www.econbiz.de/10012237750
In a range of settings, private firms manage peer effects by sorting agents into different groups, be they schools, communities, or product categories. This paper considers such a firm, which controls group entry by setting a series of anonymous prices. We show that private provision...
Persistent link: https://www.econbiz.de/10011699153
observed individual signals should be aggregated to a commonly observed team signal …
Persistent link: https://www.econbiz.de/10012863568
This paper analyzes how on-the-job search (OJS) by an agent impacts the moral hazard problem in a repeated principal-agent relationship. OJS is found to constitute a source of agency costs because efficient search incentives require that the agent receives all gains from trade. Further, the...
Persistent link: https://www.econbiz.de/10013006067
I analyze how a firm should elicit advice from an expert on when to terminate a project with a stochastic lifespan. The firm cannot directly observe the project's lifespan, but imperfectly monitors its current state by observing incremental output. The expert directly observes the state of the...
Persistent link: https://www.econbiz.de/10012922810
This paper analyzes how on-the-job search (OJS) by an agent impacts the moral hazard problem in a repeated principal-agent relationship. OJS is found to constitute a source of agency costs because efficient search incentives require that the agent receives all gains from trade. Further, the...
Persistent link: https://www.econbiz.de/10013060799
In many firms, production requires the division of staff into teams. If only team performance is observable, moral … among team members. I investigate how the division of staff into teams should account for the agents' social network of … interpersonal relationships. Considering piece rate compensation for teams, I identify rules for efficient team assignment …
Persistent link: https://www.econbiz.de/10011773831
both exert effort and report on his co-worker's performance (as in a team setting), the worker's effort incentives cannot …
Persistent link: https://www.econbiz.de/10013025571