and Teamwork: An Experimental Test

We use a laboratory experiment to study how perceptions of skill inuence teamwork. Our design is based on Gervais and Goldstein (2007) theory of teams. Team output is increasing in skill and in eort, skill and eort are complements, and workers’ eorts choices are complements. An overcondent

[1]  John Garen,et al.  Worker Heterogeneity, Job Screening, and Firm Size , 1985, Journal of Political Economy.

[2]  J. Weibull,et al.  Social Norms and Economic Incentives in Firms , 2012, SSRN Electronic Journal.

[3]  D. Sappington,et al.  Penalizing Success in Dynamic Incentive Contracts: No Good Deed Goes Unpunished? , 1997 .

[4]  Ido Erev,et al.  Constructive Intergroup Competition as a Solution to the Free Rider Problem: A Field Experiment , 1993 .

[5]  J. Tirole,et al.  Intrinsic and Extrinsic Motivation , 2003 .

[6]  E. Lazear,et al.  Rank-Order Tournaments as Optimum Labor Contracts , 1979, Journal of Political Economy.

[7]  Colin Camerer,et al.  Overconfidence and Excess Entry: An Experimental Approach , 1999 .

[8]  Colin Camerer,et al.  A Cognitive Hierarchy Model of Games , 2004 .

[9]  O. Svenson ARE WE ALL LESS RISKY AND MORE SKILLFUL THAN OUR FELLOW DRIVERS , 1981 .

[10]  E. Lazear,et al.  Peer Pressure and Partnerships , 1992, Journal of Political Economy.

[11]  Victor Lavy Evaluating the Effect of Teachers' Performance Incentives on Pupil Achievement , 2001 .

[12]  A. Ichino,et al.  Clean Evidence on Peer Pressure , 2003, SSRN Electronic Journal.

[13]  Ernst Fehr,et al.  Third Party Punishment and Social Norms , 2004 .

[14]  Dorothea Kübler,et al.  Courtesy and Idleness: Gender Differences in Team Work and Team Competition , 2005 .

[15]  Laurie Larwood,et al.  Managerial myopia: Self-serving biases in organizational planning. , 1977 .

[16]  U. Fischbacher,et al.  Are People Conditionally Cooperative? Evidence from a Public Goods Experiment , 2001 .

[17]  Peter Cappelli,et al.  New Work Systems and Skill Requirements. , 1994 .

[18]  Katerina Sherstyuk,et al.  Altruism and voluntary provision of public goods , 2000 .

[19]  Amnon Rapoport,et al.  Embedding social dilemmas in intergroup competition reduces free-riding , 2006 .

[20]  H. Demsetz,et al.  Production, Information Costs, and Economic Organization , 1975, IEEE Engineering Management Review.

[21]  E. Fehr,et al.  Cooperation and Punishment in Public Goods Experiments , 1999, SSRN Electronic Journal.

[22]  Aldo Rustichini,et al.  Overconfident: Do You Put Your Money on it? , 2005 .

[23]  D. Stahl,et al.  On Players' Models of Other Players: Theory and Experimental Evidence , 1995 .

[24]  A. Schotter,et al.  Productivity Under Group Incentives: An Experimental Study , 1994 .

[25]  Robin M. Hogarth,et al.  Overconfidence in absolute and relative performance: The regression hypothesis and Bayesian updating , 2009 .

[26]  Bengt Holmstrom,et al.  Moral Hazard in Teams , 1982 .

[27]  R. Nagel Unraveling in Guessing Games: An Experimental Study , 1995 .

[28]  Andrew Postlewaite,et al.  Confidence-Enhanced Performance , 2001 .

[29]  D. Simester,et al.  Firm-Wide Incentives and Mutual Monitoring at Continental Airlines , 2001 .

[30]  Jeremy Clark,et al.  Overconfidence in Forecasts of Own Performance: An Experimental Study , 2009 .

[31]  Positive Self-Image and Incentives in Organisations , 2008 .

[32]  Shelley E. Taylor,et al.  Illusion and well-being: a social psychological perspective on mental health. , 1988, Psychological bulletin.

[33]  D. Andolfatto,et al.  Rational Truth-Avoidance and Self-Esteem , 2009 .

[34]  Don A. Moore,et al.  Overconfidence and Underconfidence: When and Why People Underestimate (and Overestimate) the Competition , 2007 .

[35]  Susan Albers Mohrman,et al.  Creating high performance organizations : practices and results of employee involvement and Total Quality Management in Fortune 1000 companies , 1995 .

[36]  Hans K. Hvide Pragmatic Beliefs and Overconfidence , 2002 .

[37]  M. Spence Job Market Signaling , 1973 .

[38]  Ido Erev,et al.  Intergroup competition as a structural solution to social dilemmas. , 1990 .

[39]  Ulrike Malmendier,et al.  CEO Overconfidence and Corporate Investment , 2002 .

[40]  Kevin J. Murphy,et al.  Compensation and Incentives: Practice vs. Theory , 1988 .

[41]  Miguel A. Costa-Gomes,et al.  Cognition and Behavior in Normal-Form Games: An Experimental Study , 1998 .