Non-Monetary Incentives in Team Governance: The Case of Asymmetric Information

Student: Vorozhczov Marat

Educational Programme: Master

Year of Graduation: 2014

<p>A few literature pay attention to non-monetary methods of team governance in comparison with monetary ones. However, a series of works, both theoretical and empirical, show that the effect of monetary incentives on team performance is not always clear, and it leads to unexpected results sometimes. Hence, non-monetary methods of team governance should be analyzed more intensively. This research reveals the role of monitoring in team production in case of sequential task execution. It turned out that monitoring helps to prevent the loss of output, but it’s unable to solve the free-rider problem (as it sends undesirable signal to free-riders). Moreover, high monitoring costs lead to autonomous team, but this autonomy can’t improve performance in comparison with self-organized team without manager.</p>

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses