Disclosure and Incentives in Teams

About this event

We consider a team-production environment augmented with a stage in which the team decides how to communicate their productive outcome to outside observers. In this context, we characterize equilibrium disclosure of team-outcomes when team-disclosure choices aggregate individual recommendations through some deliberation procedure. We show that equilibria often involve partial disclosure of the team?s outcome, and establish a relation between the deliberation procedure and the observer?s equilibrium attribution of credit and blame for the team?s successes and failures across team-members. Further, we show that, through this credit/blame-attribution channel, a team?s deliberation procedure determines individuals? incentives to contribute to team production. We then characterize productive environments where effort-incentives are maximized by unilateral disclosure protocols or procedures such that disclosure require more consensus.