ability or implementation constraints in running a business. Policies aimed at team creation for start-up enterprises may have …

This paper uses data from a firm with team production to investigate the association between workers' productivity …, risk aversion and preferred bonus scheme (team or individual). Standard economics make a strong prediction in this case …. Workers persistently producing above the team average should vote for an individual bonus. The only concern that may moderate …

. We consider both a piece rate compensation scheme, where pay depends solely on own performance, and a team compensation … scheme, where pay also depends on the performance of other team members. Overall, we find some evidence that subjects who are … observed increase productivity at least initially when compensation is team based, while we find that subjects observing react …

investigates team decisions in different settings. We study team decisions in a public goods contribution game with a costly … punishment option and compare it to the behavior of individuals in a laboratory experiment. We also consider different team …, regardless of the team decision rule. Overall, teams yield higher payoffs than individuals. …