Evolution in Teams.
Team formation will often involve a coordination problem. If no-one else is contributing to a team, there is little point in an agent exerting any effort. Similarly, once a team is formed, an agent within the team will not leave, as to do so would result in team collapse; non-contributing agents wou...
| Hauptverfasser: | , |
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| Format: | Working paper |
| Sprache: | English |
| Veröffentlicht: |
Department of Economics (University of Oxford)
2003
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