Huck, S. and Rey Biel, P. (2004) Endogenous leadership in teams. (ELSE Working Papers 102). ESRC Centre for Economic Learning and Social Evolution: London, UK.
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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.
| Type: | Working / discussion paper |
|---|---|
| Title: | Endogenous leadership in teams |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://else.econ.ucl.ac.uk/newweb/papers.php |
| Language: | English |
| Keywords: | JEL codes: C72, D23, D63, J31, L23. Team production, conformism, leading by example, endogenous timing |
| UCL classification: | UCL > School of Arts and Social Sciences > Faculty of Social and Historical Sciences > Economics |
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