Showing 1 - 10 of 141
We study the role of information exchange, leadership and coordination in team or partnership structures. For this purpose, we view individuals jointly engaging in productive processes — a ‘team' — as endowed with individual and privately held information on the joint production process....
Persistent link: https://www.econbiz.de/10013049204
Persistent link: https://www.econbiz.de/10010376543
We analyse incentive problems in collective production environments where contributors are compensated according to their observed and ranked efforts. This provides incentives to the contributors to choose first best efforts.
Persistent link: https://www.econbiz.de/10010383038
We study the role of information exchange, leadership and coordination in team or partnership structures. For this purpose, we view individuals jointly engaging in productive processes-a "team"-as endowed with individual and privately held information on the joint production process. Once...
Persistent link: https://www.econbiz.de/10010405163
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10003341369
We model leadership selection, competition, and decision making in teams with heterogeneous membership composition. We show that if the choice of leadership in a team is imprecise or noisy - which may arguably be the case if appointment decisions are made by non-expert administrators - then it...
Persistent link: https://www.econbiz.de/10011615976
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10012720655
We model leadership selection, competition, and decision making in teams with heterogeneous membership composition. We show that if the choice of leadership in a team is imprecise or noisy—which may arguably be the case if appointment decisions are made by non-expert administrators—then it...
Persistent link: https://www.econbiz.de/10012960092
This paper studies a novel dynamic principle agent setting with moral hazard and adverse selection (persistent as well as repeated). In the model an expert whose skills are his private information, faces a finite sequence of tasks, one after the other. Each task's level of difficulty is an...
Persistent link: https://www.econbiz.de/10014195069
Persistent link: https://www.econbiz.de/10009387950