Endogenous Leadership in Teams

Authors: Huck, Steffen; Rey-Biel, Pedro

Source: Journal of Institutional and Theoretical Economics JITE, Volume 162, Number 2, June 2006 , pp. 253-261(9)

Publisher: Mohr Siebeck

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Abstract:

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.

Document Type: Research article

DOI: 10.1628/093245606777583495

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