Monitoring Team Production by Design
Giovanni Bono ()
Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna
Abstract:
This work addresses the optimal design of the monitoring technology for a team when collective liability can not form. It shows that the principal s optimal design choice is then to concentrate monitoring on the less productive agent in a team. By controlling the less productive agent she fully discipline the more productive. This result helps in studying the interplay between the institutional set-up and the technological capabilities of teams
Date: 2005
New Economics Papers: this item is included in nep-bec
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:540
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