Implicit Incentives and Delegation in Teams
成果类型:
Article
署名作者:
Upton, Harvey
署名单位:
Humboldt University of Berlin
刊物名称:
MANAGEMENT SCIENCE
ISSN/ISSBN:
0025-1909
DOI:
10.1287/mnsc.2022.02212
发表日期:
2024
页码:
4722-4741
关键词:
economics
microeconomic behavior
game theory and bargaining theory
organizational studies
personnel
DESIGN
teams
摘要:
We study an infinitely repeated game of team production, where agents must supply costly effort under moral hazard. The principal also has the option to delegate an additional production-relevant decision to a team member. We provide conditions under which delegation changes the scope of peer sanction and thus influences the implicit incentives generated by the agents' repeated interaction. Delegation can then become strictly optimal, despite misaligned preferences and symmetric information regarding the efficient decision. We show that implicit incentives under delegation are strongest in diverse teams and use our results to discuss various aspects of organizational design, including self organized teamwork.