We study product market competition between firm owners (principals) where workers (agents) decide on their efforts and … two compensation schemes lead to the same results. In case of product market competition, however, contest …

competition. Nevertheless, there are models of team-organization such that team-firms and individual firms are behaviorally …In the economic literature on market competition, firms are often modelled as individual decision makers and the … equivalent. This provides a theoretical foundation for the unitary player assumption in Cournot competition. We show that this …

show that general manager pay decreases as functional managers join the executive team suggesting a shift in activities … number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than … general managers. Using panel data on senior management positions, we explore the relationship between changes in executive …

test hypotheses regarding the role of bonuses in providing executives with individualized and team incentives. We find … used to encourage mutual monitoring and to facilitate coordination across the top management team as a whole …

show that general manager pay decreases as functional managers join the executive team suggesting a shift in activities … number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than … general managers. Using panel data on senior management positions, we explore the relationship between changes in executive …

, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing … efforts. We use team members' dialogues to explain these effects of communication, and check the robustness of our results. …

, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing … efforts. We use team members? dialogues to explain these effects of communication, and check the robustness of our results …. -- tournament ; team decision making ; communication ; collusion ; freeriding ;experiment …

, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing … efforts. We use team members' dialogues to explain these effects of communication, and check the robustness of our results …