Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51863 
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dc.contributor.authorCandelon, Bertranden
dc.contributor.authorDupuy, Arnauden
dc.date.accessioned2011-10-20-
dc.date.accessioned2011-11-23T11:38:10Z-
dc.date.available2011-11-23T11:38:10Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/51863-
dc.description.abstractThis paper proposes an equilibrium theory of the organization of work in an economy with an implicit market for productive time. In this economy, agents have limited productive time and can choose to produce in autarky, buy productive time from helpers to increase own production or, sell their productive time to a leader and thereby give up own production. This implicit market gives rise to the formation of teams, organized in hierarchies with one leader at the top and helpers below. We show that relative to autarky, hierarchical organization leads to higher within and between team payoffs/productivity inequality. We investigate this link empirically in the context of road cycling. We show that the rise in performance inequality in the peloton since the 1970s is merely due to a rise in within team performance inequality and consistent with a change in the hierarchical organization of teams and an increase in the helping intensity within team.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x5391en
dc.subject.jelD2en
dc.subject.jelD3en
dc.subject.jelL22en
dc.subject.ddc330en
dc.subject.keywordhierarchical organizationen
dc.subject.keywordproductive timeen
dc.subject.keywordhelping timeen
dc.subject.keywordinequalityen
dc.subject.keywordprofessional cyclingen
dc.titleHierarchical organization and inequality in an economy with an implicit market for productive time-
dc.typeWorking Paperen
dc.identifier.ppn670295647en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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