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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/10010333929
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/10010398571
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/10010796798
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/10010812489
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/10005739657
We analyze incentive problems in team and partnership structures where the only available information to condition a contract on is a partial and noisy ranking which specifies who comes first in efforts among the competing partners. This enables us to ensure both first-best efficient effort...
Persistent link: https://www.econbiz.de/10005295580
We study the incentives of noncooperative players to play a cooperative game. That is, we look for individually rational, redistributive, pre-game agreements enacted in order to coordinate towards efficient equilibrium play. Contrasting with standard Nash equilibrium analysis, we assume that...
Persistent link: https://www.econbiz.de/10010679666
Persistent link: https://www.econbiz.de/10008167128
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