Bono, Giovanni
(2005)
Monitoring team production by design.
p. 16.
DOI 10.6092/unibo/amsacta/1788.
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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.
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