Abstract The classical team product theory assumes that the players have purely self-interest preferences, but with the experimental economics and behavior game theory development,people pay more and more attention on social preferences;Charness et al (2002) made a series of game experiments, they tested different types of social preferences directly and formed a relatively better social preferences model. In this paper,we make a research on team product theory,using the simplified form of Charness et al (2002) social preferences models,in order to analyze the efficiency of team production in different social preferences conditions and re-examine Holmstrom theorem “a balanced budget and pareto efficiency can not happen simultaneously in team production” .
2014, Vol. 31 
