Partnerships versus Corporations: Moral Hazard, Sorting, and Ownership Structure
研究了团队生产中工人技能差异如何影响分类模式，以及合伙制与公司制下激励与搭便车成本的权衡，对理解不同行业的生产组织方式有启示。
Team production takes advantage of technological complementarities but comes with the cost of free-ridership. When workers differ in skills, the choice of sorting pattern may be associated with a nontrivial trade-off between exploiting the technological complementarities and minimizing the cost of free-ridership. This paper demonstrates that whether such a trade-off arises depends (i) on how the power of incentives required for effort provision varies with workers’ types, and (ii) on whether the workers are organized for production in partnerships or in corporations. These results have implications for how production is organized in different industries—in partnerships or in corporations.