Optimal Team Composition: Diversity to Foster Implicit Team Incentives
Author
Abstract
Suggested Citation
DOI: 10.1287/mnsc.2020.3762
Download full text from publisher
References listed on IDEAS
- Arya, Anil & Fellingham, John & Glover, Jonathan, 1997. "Teams, repeated tasks, and implicit incentives," Journal of Accounting and Economics, Elsevier, vol. 23(1), pages 7-30, May.
- Eyal Winter, 2004.
"Incentives and Discrimination,"
American Economic Review, American Economic Association, vol. 94(3), pages 764-773, June.
- Eyal Winter, 2003. "Incentives and Discrimination," Discussion Paper Series dp313, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
- Yuliy Sannikov & Andrzej Skrzypacz, 2007.
"Impossibility of Collusion under Imperfect Monitoring with Flexible Production,"
American Economic Review, American Economic Association, vol. 97(5), pages 1794-1823, December.
- Yuliy Sannikov & Andrzej Skrzypacz, 2004. "Impossibility of Collusion under Imperfect Monitoring with Flexible Production," 2004 Meeting Papers 418, Society for Economic Dynamics.
- Skrzypacz, Andrzej & Sannikov, Yuliy, 2005. "Impossibility of Collusion under Imperfect Monitoring with Flexible Production," Research Papers 1887, Stanford University, Graduate School of Business.
- Max Nathan & Neil Lee, 2013.
"Cultural Diversity, Innovation, and Entrepreneurship: Firm-level Evidence from London,"
Economic Geography, Clark University, vol. 89(4), pages 367-394, October.
- Max Nathan & Neil Lee, 2013. "Cultural Diversity, Innovation, and Entrepreneurship: Firm-level Evidence from London," Economic Geography, Taylor & Francis Journals, vol. 89(4), pages 367-394, October.
- Lee, Neil & Nathan, Max, 2013. "Cultural diversity, innovation and entrepreneurship: firm-level evidence from London," LSE Research Online Documents on Economics 52363, London School of Economics and Political Science, LSE Library.
- Hemmer, Thomas, 1995. "On the interrelation between production technology, job design, and incentives," Journal of Accounting and Economics, Elsevier, vol. 19(2-3), pages 209-245, April.
- Yeon-Koo Che & Seung-Weon Yoo, 2001.
"Optimal Incentives for Teams,"
American Economic Review, American Economic Association, vol. 91(3), pages 525-541, June.
- Che,Y.K. & Yoo,S.W., 1998. "Optimal incentives for teams," Working papers 8, Wisconsin Madison - Social Systems.
- Abreu, Dilip & Milgrom, Paul & Pearce, David, 1991.
"Information and Timing in Repeated Partnerships,"
Econometrica, Econometric Society, vol. 59(6), pages 1713-1733, November.
- David G. Pearce & Dilip Abreu & Paul R. Milgrom, 1988. "Information and Timing in Repeated Partnerships," Cowles Foundation Discussion Papers 875, Cowles Foundation for Research in Economics, Yale University.
- Dilip Abreu & Paul Milgrom & David Pearce, 1997. "Information and timing in repeated partnerships," Levine's Working Paper Archive 636, David K. Levine.
- Ayca Kaya & Galina Vereshchagina, 2014. "Partnerships versus Corporations: Moral Hazard, Sorting, and Ownership Structure," American Economic Review, American Economic Association, vol. 104(1), pages 291-307, January.
- Ishiguro, Shingo, 2004. "Collusion and discrimination in organizations," Journal of Economic Theory, Elsevier, vol. 116(2), pages 357-369, June.
- Bengt Holmstrom, 1982.
"Moral Hazard in Teams,"
Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 324-340, Autumn.
- Bengt Holmstrom, 1981. "Moral Hazard in Teams," Discussion Papers 471, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Guay, Wayne R. & Kepler, John D. & Tsui, David, 2019. "The role of executive cash bonuses in providing individual and team incentives," Journal of Financial Economics, Elsevier, vol. 133(2), pages 441-471.
- Arijit Mukherjee & Luis Vasconcelos, 2011.
"Optimal job design in the presence of implicit contracts,"
RAND Journal of Economics, RAND Corporation, vol. 42(1), pages 44-69, March.
- Luis Vasconcelos & Arijit Mukherjee, 2010. "Optimal job design in the presence of implicit contracts," Nova SBE Working Paper Series wp551, Universidade Nova de Lisboa, Nova School of Business and Economics.
- Al Slivinski, 2002. "Team Incentives and Organizational Form," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 4(2), pages 185-206, April.
- Demski, Joel S. & Sappington, David, 1984. "Optimal incentive contracts with multiple agents," Journal of Economic Theory, Elsevier, vol. 33(1), pages 152-171, June.
- Alchian, Armen A & Demsetz, Harold, 1972.
"Production , Information Costs, and Economic Organization,"
American Economic Review, American Economic Association, vol. 62(5), pages 777-795, December.
- Armen A. Alchian & Harold Demsetz, 1971. "Production, Information Costs and Economic Organizations," UCLA Economics Working Papers 10A, UCLA Department of Economics.
- Green, Edward J & Porter, Robert H, 1984.
"Noncooperative Collusion under Imperfect Price Information,"
Econometrica, Econometric Society, vol. 52(1), pages 87-100, January.
- Green, Edward J. & Porter, Robert H., 1982. "Noncooperative Collusion Under Imperfect Price Information," Working Papers 367, California Institute of Technology, Division of the Humanities and Social Sciences.
- Edward J Green & Robert H Porter, 1997. "Noncooperative Collusion Under Imperfect Price Information," Levine's Working Paper Archive 1147, David K. Levine.
- Baliga, Sandeep & Sjostrom, Tomas, 1998.
"Decentralization and Collusion,"
Journal of Economic Theory, Elsevier, vol. 83(2), pages 196-232, December.
- Sandeep Baliga & Tomas Sjostrom, 1996. "Decentralization and Collusion," Harvard Institute of Economic Research Working Papers 1757, Harvard - Institute of Economic Research.
- Sandeep Baliga & Tomas Sjostrom, 1998. "Decentralization and Collusion," Discussion Papers 1210, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Abreu, Dilip & Pearce, David & Stacchetti, Ennio, 1986. "Optimal cartel equilibria with imperfect monitoring," Journal of Economic Theory, Elsevier, vol. 39(1), pages 251-269, June.
- Wilfred Amaldoss & Richard Staelin, 2010. "Cross-Function and Same-Function Alliances: How Does Alliance Structure Affect the Behavior of Partnering Firms?," Management Science, INFORMS, vol. 56(2), pages 302-317, February.
- Itoh Hideshi, 1993. "Coalitions, Incentives, and Risk Sharing," Journal of Economic Theory, Elsevier, vol. 60(2), pages 410-427, August.
- Itoh, Hideshi, 1992. "Cooperation in Hierarchical Organizations: An Incentive Perspective," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 8(2), pages 321-345, April.
- Ola Kvaløy & Trond E. Olsen, 2006.
"Team Incentives in Relational Employment Contracts,"
Journal of Labor Economics, University of Chicago Press, vol. 24(1), pages 139-170, January.
- Kvaløy, Ola & Olsen, Trond E., 2005. "Team Incentives in Relational Employment Contracts," Discussion Papers 2005/7, Norwegian School of Economics, Department of Business and Management Science.
- Itoh, Hideshi, 1991. "Incentives to Help in Multi-agent Situations," Econometrica, Econometric Society, vol. 59(3), pages 611-636, May.
- Sander Hoogendoorn & Hessel Oosterbeek & Mirjam van Praag, 2013.
"The Impact of Gender Diversity on the Performance of Business Teams: Evidence from a Field Experiment,"
Management Science, INFORMS, vol. 59(7), pages 1514-1528, July.
- Sander Hoogendoorn & Hessel Oosterbeek & Mirjam van Praag, 2011. "The Impact of Gender Diversity on the Performance of Business Teams: Evidence from a Field Experiment," Tinbergen Institute Discussion Papers 11-074/3, Tinbergen Institute, revised 01 May 2014.
- Anil Arya & Brian Mittendorf, 2006. "Using Optional Job Rotation Programs to Gauge On-the-Job Learning," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 162(3), pages 505-515, September.
- Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
- Akifumi Ishihara, 2017. "Relational contracting and endogenous formation of teamwork," RAND Journal of Economics, RAND Corporation, vol. 48(2), pages 335-357, May.
- Yuk-Fai Fong & Jin Li, 2017. "Information Revelation in Relational Contracts," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(1), pages 277-299.
- Baldenius, Tim & Glover, Jonathan & Xue, Hao, 2016. "Relational contracts with and between agents," Journal of Accounting and Economics, Elsevier, vol. 61(2), pages 369-390.
- Barton H. Hamilton & Jack A. Nickerson & Hideo Owan, 2003. "Team Incentives and Worker Heterogeneity: An Empirical Analysis of the Impact of Teams on Productivity and Participation," Journal of Political Economy, University of Chicago Press, vol. 111(3), pages 465-497, June.
- Milgrom, Paul & Roberts, John, 1995. "Complementarities and fit strategy, structure, and organizational change in manufacturing," Journal of Accounting and Economics, Elsevier, vol. 19(2-3), pages 179-208, April.
- Knez, Marc & Simester, Duncan, 2001. "Firm-Wide Incentives and Mutual Monitoring at Continental Airlines," Journal of Labor Economics, University of Chicago Press, vol. 19(4), pages 743-772, October.
- Martin Hoegl & Katharina Weinkauf & Hans Georg Gemuenden, 2004. "Interteam Coordination, Project Commitment, and Teamwork in Multiteam R&D Projects: A Longitudinal Study," Organization Science, INFORMS, vol. 15(1), pages 38-55, February.
- Porter, Robert H., 1983. "Optimal cartel trigger price strategies," Journal of Economic Theory, Elsevier, vol. 29(2), pages 313-338, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Runhui Lin & Biting Li & Yanhong Lu & Yalin Li, 2024. "Degree assortativity in collaboration networks and breakthrough innovation: the moderating role of knowledge networks," Scientometrics, Springer;Akadémiai Kiadó, vol. 129(7), pages 3809-3839, July.
- Lorens A. Imhof & Matthias Kräkel, 2023. "Team Diversity and Incentives," Management Science, INFORMS, vol. 69(4), pages 2497-2516, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ola Kvaløy & Trond E. Olsen, 2019. "Relational Contracts, Multiple Agents, and Correlated Outputs," Management Science, INFORMS, vol. 65(11), pages 5360-5370, November.
- Gjedrem, William Gilje & Kvaløy, Ola, 2020.
"Relative performance feedback to teams,"
Labour Economics, Elsevier, vol. 66(C).
- William Gilje Gjedrem & Ola Kvaløy, 2018. "Relative Performance Feedback to Teams," CESifo Working Paper Series 6871, CESifo.
- Banerjee, Swapnendu & Chakraborty, Somenath, 2022. "Individual versus Team Production with Social Preferences," MPRA Paper 120996, University Library of Munich, Germany.
- Kvaløy, Ola & Olsen, Trond E., 2016. "Teams in Relational Contracts," Discussion Papers 2016/23, Norwegian School of Economics, Department of Business and Management Science.
- Flores-Fillol, Ricardo & Iranzo, Susana & Mane, Ferran, 2017. "Teamwork and delegation of decisions within the firm," International Journal of Industrial Organization, Elsevier, vol. 52(C), pages 1-29.
- Tat Y. Chan & Jia Li & Lamar Pierce, 2014. "Compensation and Peer Effects in Competing Sales Teams," Management Science, INFORMS, vol. 60(8), pages 1965-1984, August.
- Alice Peng-Ju Su, 2019. "Team incentives with imperfect mutual inference," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(2), pages 687-712, June.
- Fleckinger, Pierre & Martimort, David & Roux, Nicolas, 2023. "Should They Compete or Should They Cooperate? The View of Agency Theory," TSE Working Papers 23-1421, Toulouse School of Economics (TSE), revised Jan 2024.
- Pierre Fleckinger & David Martimort & Nicolas Roux, 2024. "Should They Compete or Should They Cooperate? The View of Agency Theory," Journal of Economic Literature, American Economic Association, vol. 62(4), pages 1589-1646, December.
- Theilen Bernd, 2009.
"Market Competition and Lower Tier Incentives,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 9(1), pages 1-29, June.
- Bernd Theilen, 2008. "Market Competition and Lower Tier Incentives," CESifo Working Paper Series 2453, CESifo.
- Meyer, Margaret A. & Olsen, Trond E. & Torsvik, Gaute, 1996.
"Limited intertemporal commitment and job design,"
Journal of Economic Behavior & Organization, Elsevier, vol. 31(3), pages 401-417, December.
- Trond Olsen & Gaute Torsvik, 1994. "Limited Intertemporal Commitment and Job Design," CESifo Working Paper Series 77, CESifo.
- Meyer, M.A. & Olsen, T.E. & Torsvik, G., 1995. "Limited Intertemporal Commitment and Job Design," Economics Papers 102, Economics Group, Nuffield College, University of Oxford.
- Matthias Fahn & Hendrik Hakenes, 2019.
"Teamwork as a Self-Disciplining Device,"
American Economic Journal: Microeconomics, American Economic Association, vol. 11(4), pages 1-32, November.
- Matthias Fahn & Hendrik Hakenes, 2014. "Teamwork as a Self-Disciplining Device," CESifo Working Paper Series 5131, CESifo.
- Matthias Fahn & Hendrik Hakenes, 2017. "Teamwork as a Self-Disciplining Device," Economics working papers 2017-13, Department of Economics, Johannes Kepler University Linz, Austria.
- Fahn, Matthias & Hakenes, Hendrik, 2017. "Teamwork as a Self-Disciplining Device," Rationality and Competition Discussion Paper Series 42, CRC TRR 190 Rationality and Competition.
- Laurence E. Lynn Jr. & Carolyn J. Hill, 2001. "Producing Human Services: Why Do Agencies Collaborate?," JCPR Working Papers 219, Northwestern University/University of Chicago Joint Center for Poverty Research.
- James M. Malcomson, 2012.
"Relational Incentive Contracts [The Handbook of Organizational Economics],"
Introductory Chapters,,
Princeton University Press.
- James Malcomson, 2010. "Relational Incentive Contracts," Economics Series Working Papers 508, University of Oxford, Department of Economics.
- Ola Kvaløy & Trond E. Olsen, 2008.
"Cooperation in Knowledge-Intensive Firms,"
Journal of Human Capital, University of Chicago Press, vol. 2(4), pages 410-440.
- Kvaløy, Ola & Olsen, Trond E., 2007. "Cooperation in knowledge-intensive firms," Discussion Papers 2007/27, Norwegian School of Economics, Department of Business and Management Science.
- Balmaceda, Felipe, 2016.
"Optimal task assignments,"
Games and Economic Behavior, Elsevier, vol. 98(C), pages 1-18.
- Felipe Balmaceda, 2014. "Optimal Task Assignments," Working Papers 54, Facultad de Economía y Empresa, Universidad Diego Portales.
- Kvaløy, Ola & Olsen, Trond E., 2013.
"Teams and Tournaments in Relational Contracts,"
Discussion Papers
2013/13, Norwegian School of Economics, Department of Business and Management Science.
- Ola Kvaløy & Trond Olsen, 2014. "Teams and Tournaments in Relational Contracts," CESifo Working Paper Series 4783, CESifo.
- Barlo, Mehmet & Ayca, Ozdogan, 2012. "Team beats collusion," MPRA Paper 37449, University Library of Munich, Germany.
- Koch Alexander K & Morgenstern Albrecht, 2010.
"Coordination under the Shadow of Career Concerns,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-40, March.
- Koch, Alexander K. & Morgenstern, Albrecht, 2009. "Coordination under the Shadow of Career Concerns," IZA Discussion Papers 4039, Institute of Labor Economics (IZA).
- Kohei Daido & Takeshi Murooka, 2016.
"Team Incentives and Reference‐Dependent Preferences,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 25(4), pages 958-989, December.
- Kohei Daido & Takeshi Murooka, 2011. "Team Incentives and Reference-Dependent Preferences," Discussion Paper Series 70, School of Economics, Kwansei Gakuin University, revised May 2011.
- Daido, Kohei & Murooka, Takeshi, 2016. "Team Incentives and Reference-Dependent Preferences," Munich Reprints in Economics 43521, University of Munich, Department of Economics.
More about this item
Keywords
team composition; assignment problem; cooperation; collusion; team diversity;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:67:y:2021:i:9:p:5800-5820. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.