%0 Report %A Kräkel, Matthias %T Strategic Mismatches in Competing Teams %D 1999 %8 1999 Nov %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 74 %U https://www.iza.org/publications/dp74 %X This paper discusses 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. %K teams %K Economies of scope %K tournament %K free-rider effect %K mismatch