TY - RPRT AU - Kräkel, Matthias TI - Strategic Mismatches in Competing Teams PY - 1999/Nov/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 74 UR - https://www.iza.org/publications/dp74 AB - 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. KW - teams KW - Economies of scope KW - tournament KW - free-rider effect KW - mismatch ER -