English, Article edition: Career Concerns in Teams Emmanuelle Auriol; Guido Friebel; Lambros Pechlivanos

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Bookmark: http://trove.nla.gov.au/version/196463
Physical Description
  • article
Language
  • English

Edition details

Title
  • Career Concerns in Teams
Author
  • Emmanuelle Auriol
  • Guido Friebel
  • Lambros Pechlivanos
Physical Description
  • article
Notes
  • We investigate how changes in the commitment power of a principal affect cooperation among agents who work in a team. When the principal and her agents are symmetrically uncertain about the agents' innate abilities, workers have career concerns. Then, unless the principal can commit herself to long-term wage contracts, an implicit sabotage incentive emerges. Agents become reluctant to help their teammates. Anticipating this risk, and in order to induce the desired level of cooperation, the principal offers more collectively oriented incentive schemes. Temporary workers, though, are not affected by the sabotage effect, and their incentives are more individually oriented.
  • RePEc:ucp:jlabec:v:20:y:2002:i:2:p:289-307
Language
  • English
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