November 1999

IZA DP No. 74: Strategic Mismatches in Competing Teams

published as 'Strategic mismatching and competing teams' in: Journal of Economic Behavior and Organization, 2003, 50 (3), 355-372

本文讨论sses the strategic role of mismatching, where players voluntarily form inefficient teams or forego the formation of efficient teams, respectively. Strategic mismatching can be rational when players realize a competitive advantage (e.g. harming other competitors). In addition, the results show that free riding can be beneficial for a team in combination with strategic mismatching and that the loser’s curse may be welfare improving by mitigating the problem of strategic mismatching.