Abstract:
In this paper we study the mechanics of ``leading by example'' in teams. Leadership is beneficial for the entire team when agents are conformists, i.e., dislike effort differentials. We also show how leadership can arise endogenously and discuss what type of leader benefits a team most.
Related works: Journal Article: Endogenous Leadership in Teams (2006) This item may be available elsewhere in EconPapers: Search for items with the same title.