Universität zu Köln

Inequity Aversion, Overconfidence, and Group Performance

Zhou, Nannan (2011) Inequity Aversion, Overconfidence, and Group Performance. PhD thesis, Universität zu Köln.

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    Abstract

    This thesis theoretically investigates the impact of inequity aversion and overconfidence on group performance. The studies presented concentrate on two main topics: First, we investigate the private provision of public goods when agents are motivated by fairness concerns in terms of inequity aversion. Second, we study the consequences of overly optimistic self-perception for the allocation of tasks and the incentives for cooperation in teams. All studies are common regarding three features: First, they all focus on situations in which economically efficient effort choices and contribution levels are not contracted such that incentives for free-riding behavior may exist. Second, both in the public goods and in the team production settings the group outcome is always fully and equally shared by all group members. Finally, both inequity aversion and overconfidence can help to mitigate the negative impact of the free-rider problem leading to more efficient outcomes, even without having to implement the optimal incentive contracts.

    Item Type: Thesis (PhD thesis)
    Creators:
    CreatorsEmail
    Zhou, Nannannannan.zhou@uni-koeln.de
    URN: urn:nbn:de:hbz:38-44854
    Subjects: Economics
    Management and auxiliary services
    Uncontrolled Keywords:
    KeywordsLanguage
    personnel economics, team performance, public goods, inequity aversion, overconfidence, delegation, responsibility hoarding, helping, cooperationEnglish
    Faculty: Wirtschafts- u. Sozialwissenschaftliche Fakultät
    Divisions: Wirtschafts- u. Sozialwissenschaftliche Fakultät > Seminar für Allg. BWL und Personalwirtschaftslehre
    Language: English
    Date: October 2011
    Date Type: Publication
    Date of oral exam: 20 December 2011
    Full Text Status: Public
    Date Deposited: 28 Dec 2011 10:39:01
    Referee
    NameAcademic Title
    Sliwka, DirkProf. Dr.
    Gürtler, OliverProf. Dr.
    URI: http://kups.ub.uni-koeln.de/id/eprint/4485

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