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Endogenous leadership in teams∗ STEFFEN HUCK & PEDRO REY BIEL Abstract In this paper we study the mechanics of “leading by example” in teams. Leadership is beneficial for the entire team when agents are
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Endogenous leadership in teams∗ STEFFEN HUCK & PEDRO REY BIEL Abstract In this paper we study the mechanics of “leading by example” in teams. Leadership is beneficial for the entire team when agents are