Who is declared dead lives longer

被引:1
|
作者
Gürtler, O [1 ]
Kräkel, M [1 ]
机构
[1] Univ Bonn, BWL II, D-53113 Bonn, Germany
关键词
D O I
10.1080/1350485032000165430
中图分类号
F [经济];
学科分类号
02 ;
摘要
We consider a contest between a small and a large team. On the one hand, the large team has the advantage of more people exerting effort (quantity effect). On the other hand, the large team suffers from more free riding (free-riding effect). The results show that - depending on the convexity of the cost function - the small team will have a higher probability of winning the contest, if the free-rider effect dominates the quantity effect. Moreover, even if the large team has a higher winning probability, an individual player prefers to belong to the small team.
引用
收藏
页码:995 / 997
页数:3
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