Gurtler, Oliver; Krakel, Matthias - In: Applied Economics Letters 10 (2003) 15, pp. 995-997
We consider a contest between a small and a large team. On the one hand, the large team has the advantage of more people exerting effort (quantity effect). On the other hand, the large team suffers from more free riding (free-riding effect). The results show that - depending on the convexity of...