| dc.contributor.author | Bonatti, Alessandro | |
| dc.contributor.author | Horner, Johannes | |
| dc.date.accessioned | 2011-09-21T19:50:41Z | |
| dc.date.available | 2011-09-21T19:50:41Z | |
| dc.date.issued | 2011-04 | |
| dc.identifier.issn | 0002-8282 | |
| dc.identifier.issn | 1944-7981 | |
| dc.identifier.uri | http://hdl.handle.net/1721.1/65916 | |
| dc.description.abstract | This paper examines moral hazard in teams over time. Agents are collectively engaged in a project whose duration and outcome are uncertain, and their individual efforts are unobserved. Free-riding leads not only to a reduction in effort, but also to procrastination. Collaboration among agents dwindles over time, but does not cease as long as the project has not succeeded. In addition, the delay until the project succeeds, if it ever does, increases with the number of agents. We show why deadlines, but not necessarily better monitoring, help to mitigate moral hazard. | en_US |
| dc.description.sponsorship | National Science Foundation (U.S.) (Grant 0920985) | en_US |
| dc.language.iso | en_US | |
| dc.publisher | American Economic Association | en_US |
| dc.relation.isversionof | http://dx.doi.org/10.1257/aer.101.2.632 | en_US |
| dc.rights | Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. | en_US |
| dc.source | Prof. Bonatti via Alex Caracuzzo | en_US |
| dc.title | Collaborating | en_US |
| dc.type | Article | en_US |
| dc.identifier.citation | Bonatti, Alessandro, and Johannes Hörner. 2011. "Collaborating." American Economic Review, 101(2): 632–63. | en_US |
| dc.contributor.department | Sloan School of Management | en_US |
| dc.contributor.approver | Bonatti, Alessandro | |
| dc.contributor.mitauthor | Bonatti, Alessandro | |
| dc.relation.journal | American Economic Review | en_US |
| dc.eprint.version | Final published version | en_US |
| dc.type.uri | http://purl.org/eprint/type/JournalArticle | en_US |
| eprint.status | http://purl.org/eprint/status/PeerReviewed | en_US |
| dspace.orderedauthors | Bonatti, Alessandro; Hörner, Johannes | en |
| dc.identifier.orcid | https://orcid.org/0000-0002-9150-2334 | |
| mit.license | PUBLISHER_POLICY | en_US |
| mit.metadata.status | Complete | |
