Internalizing Team Production Externalities Through Delegation : The British Passenger Rail Sector as an Example

We show that in situations of team production, the associated externality between workers can be partially internalized via the delegation of authority of contracting rights, thus improving the overall efficiency of organizations. A delegated structure provides further incentives to individuals in higher tiers of the hierarchy because it makes them residual claimants. Our model sheds light on recent debates about the organization of the British passenger rail sector

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Year of publication:	2010
Authors:	Hortala-Vallve, Rafael ; Villalba, Miguel Sanchez
Publisher:	[S.l.] : SSRN
Subject:	Arbeitsgruppe \| Team \| Theorie \| Theory \| Kooperative Führung \| Participative leadership \| Schienenpersonenverkehr \| Passenger rail transport \| Externer Effekt \| Externalities

Extent:	1 Online-Ressource (8 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economica, Vol. 77, Issue 308, pp. 785-792, October 2010
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014190931