Incentives and the Structure of Teams

作者: April Franco , Matthew F. Mitchell , Galina M. Vereshchagina

DOI: 10.2139/SSRN.1350540

关键词: Production (economics)IncentiveMatching (statistics)Monotone polygonSimple (abstract algebra)Moral hazardEconomicsStructure (mathematical logic)Complementarity (molecular biology)Microeconomics

摘要: This paper endogenizes the matching structure of teams in a simple environment with moral hazard. We show that team incentive problems may, on their own, generate monotone predictions absence complementarities or anti-complementarities production technology. also derive sufficient conditions primitives model leading to optimality positive and negative members.

参考文章(16)
Patrick Legros, Andrew F. Newman, Monotone Matching in Perfect and Imperfect Worlds Social Science Research Network. ,(1999) , 10.2139/SSRN.135595
Harold Demsetz, Armen A Alchian, Production, information costs, and economic organization The American Economic Review. ,vol. 62, pp. 777- 795 ,(1972)
R. Preston McAfee, John McMillan, OPTIMAL CONTRACTS FOR TEAMS International Economic Review. ,vol. 32, pp. 561- 577 ,(1991) , 10.2307/2527107
AXEL ANDERSON, LONES SMITH, Dynamic Matching and Evolving Reputations The Review of Economic Studies. ,vol. 77, pp. 3- 29 ,(2009) , 10.1111/J.1467-937X.2009.00567.X
M. Kremer, The O-Ring Theory of Economic Development Quarterly Journal of Economics. ,vol. 108, pp. 551- 575 ,(1993) , 10.2307/2118400
Gary S. Becker, A Theory of Marriage: Part II Journal of Political Economy. ,vol. 81, pp. 11- 26 ,(1973) , 10.1086/260084
Seonghoon Jeon, Moral hazard and reputational concerns in teams: Implications for organizational choice International Journal of Industrial Organization. ,vol. 14, pp. 297- 315 ,(1996) , 10.1016/0167-7187(95)00482-3
Andrea Prat, Should a team be homogeneous? European Economic Review. ,vol. 46, pp. 1187- 1207 ,(2002) , 10.1016/S0014-2921(01)00165-9
M. A. Meyer, The Dynamics of Learning with Team Production: Implications for Task Assignment Quarterly Journal of Economics. ,vol. 109, pp. 1157- 1184 ,(1994) , 10.2307/2118359
Robert Shimer, Lones Smith, Assortative Matching and Search Econometrica. ,vol. 68, pp. 343- 369 ,(2000) , 10.1111/1468-0262.00112