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Collective Production and Incentives

Author

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  • Gershkov, Alex
  • Li, Jianpei
  • Schweinzer, Paul

Abstract

We analyse incentive problems in collective production environments where contributors are compensated according to their observed and ranked efforts. This provides incentives to the contributors to choose first best efforts.

Suggested Citation

  • Gershkov, Alex & Li, Jianpei & Schweinzer, Paul, 2006. "Collective Production and Incentives," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 186, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    • Handle: RePEc:trf:wpaper:186
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    File URL: https://epub.ub.uni-muenchen.de/13365/1/186.pdf
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    References listed on IDEAS

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    9. Battaglini, Marco, 2006. "Joint production in teams," Journal of Economic Theory, Elsevier, vol. 130(1), pages 138-167, September.
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