Does Team-Based Compensation Give Rise to Problems when Agents Vary in their Ability ?
Abstract
This paper reports the results of an experiment on how team composition influences both the contract offer of employers and employee performance when a revenue-sharing scheme is introduced. Experimental evidence shows that the principal ceases trying to monitor her team through a contract offer when agents vary in their ability. In this case, agents focus more heavily on their teammate's behaviour than on the principal's offer and therefore, regardless of the level of team-based compensation, a large amount of free-riding occurs within the team. In contrast, when the team is homogeneous, agents are better able to use the contract offer as a coordination device among themselves and therefore achieve higher efficiency.Download Info
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Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00179979.Length:
Date of creation: 2001
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Handle: RePEc:hal:cesptp:halshs-00179979
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Related research
Keywords: compensation; experimental economics; free-riding; peer pressure; teamwork;Other versions of this item:
- Claude Meidinger & Jean-Louis Rullière & Marie-Claire Villeval, 2003. "Does Team-Based Compensation Give Rise to Problems When Agents Vary in Their Ability?," Experimental Economics, Springer, vol. 6(3), pages 253-272, November.
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
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