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Incentives in Teams

Опубликовано на портале: 22-01-2007
Econometrica. 1973.  Vol. 41. No. 4. P. 617-631. 
This paper analyzes the problem of inducing the members of an organization to behave as if they formed a team. Considered is a conglomerate-type organization consisting of a set of semi-autonomous subunits that are coordinated by the organization's head. The head's incentive problem is to choose a set of employee compensation rules that will induce his subunit managers to communicate accurate information and take optimal decisions. The main result exhibits a particular set of compensation rules, an optimal incentive structure, that leads to team behavior. Particular attention is directed to the informational aspects of the problem. An extended example of a resource allocation model is discussed and the optimal incentive structure is interpreted in terms of prices charged by the head for resources allocated to the subunits.

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текст статьи в формате pdf на сайте JSTOR:
http://www.jstor.org/view/00129682/di952604/95p0003o/0
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