The Essex website uses cookies. By continuing to browse the site you are consenting to their use. Please visit our cookie policy to find out which cookies we use and why. View cookie policy.

University of Essex homepage Events BED Economics Seminar by Boon Han Koh
Event

Information Provision with Milestones in Teamwork: External Governance versus Self Governance by Boon Han Koh

Behavioural, Experimental, and Development Economics Research Seminar Series, Autumn Term 2024

  • Wed 20 Nov 24

    11:00 - 12:00

  • Colchester Campus

    Economics Common Room 5B.307

  • Event speaker

    Boon Han Koh

  • Event type

    Lectures, talks and seminars
    Behavioural, Experimental, and Development Economics Seminar Series

  • Event organiser

    Economics, Department of

Join us for this week's event in the Behavioural, Experimental and Development Economics Seminar Series, Autumn Term 2024

Join Boon Han Koh, from the Department of Economics at the University of Exeter Business School, as they present research on Information Provision with Milestones in Teamwork: External Governance versus Self Governance.

Abstract

Many economic activities rely on teamwork where groups of individuals work together for a common goal by pooling their resources or skills. Cooperation within teams can be challenging due to the social dilemma problem. We study teamwork using a dynamic public goods game where individuals make multiple contribution decisions to a team project and face strategic uncertainty about the behavior of their team members. We study whether providing feedback about the team’s progress at regular intervals (time-based feedback) or based on the achievement of pre-determined milestones (milestone-based feedback) is more beneficial for increasing aggregate contributions. Under external governance, our results reveal that milestone-based feedback leads to a significant increase in aggregate contributions as compared to time-based feedback. This result is largely driven by conditional cooperators. Under self-governance, majority of team members demand time-based feedback. Moreover, it is the conditional cooperators who are more likely to prefer time-based feedback. Our results provide guidance on how information structures can be designed in team environments by showing that external governance leads to higher cooperation rates.    

This seminar will be held in the Economics Common Room on Wednesday 20 November, at 11.00am. This event is open to all levels of study and is also open to the public. To register your place, please contact the seminar organisers.

This event is part of the Behavioural, Experimental, and Development Economics Research Seminar Series.

WE ARE
ESSEX ARE YOU?
Sign up for a prospectus Get to know Essex
STUDY
Find a course
LIFE
RESEARCH
EXPLORE
CONTACT US
Contact


  • +44 (0) 1206 873333
  • University of Essex
  • Wivenhoe Park
  • Colchester CO4 3SQ

 

 

University of Essex - Where change happens

CONNECT WITH US
© 2024 University of Essex. All rights reserved