Similar Search Results

Licensing process innovations when losersʼ messages determine royalty rates

Fan, Cuihong; Jun, Byoung Heon; Wolfstetter, Elmar G. - In: Games and Economic Behavior 82 (2013) C, pp. 388-402

We consider a licensing mechanism for process innovations that awards a limited number of unrestricted licenses to …

Persistent link: https://www.econbiz.de/10011049835

Fragmented Property Rights and Incentives for R& D

Clark, Derek J.; Konrad, Kai A. - In: Management Science 54 (2008) 5, pp. 969-981

Where product innovation requires several complementary patents, fragmented property rights can limit firms …' willingness to invest in R& D. We consider the research intensity in multiple simultaneous R& D contests and how it depends on … whether firms already hold relevant patents as well as the availability of an option to invent around. A measure of …

Persistent link: https://www.econbiz.de/10009214582

Innovation incentives in technical standards

Llanes, Gastón - In: International journal of industrial organization 93 (2024), pp. 1-21

Persistent link: https://www.econbiz.de/10014549736

Procuring Innovation

Cabral, Luís M B; Cozzi, Guido; Denicolò, Vincenzo; … - C.E.P.R. Discussion Papers - 2006

To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...

Persistent link: https://www.econbiz.de/10005791875

On the continuous equilibria of affiliated-value, all-pay auctions with private budget constraints

Kotowski, Maciej H.; Li, Fei - In: Games and Economic Behavior 85 (2014) C, pp. 84-108

We consider all-pay auctions in the presence of interdependent, affiliated valuations and private budget constraints. For the sealed-bid, all-pay auction we characterize a symmetric equilibrium in continuous strategies for the case of N bidders. Budget constraints encourage more aggressive...

Persistent link: https://www.econbiz.de/10010906697

The war of attrition and the revelation of valuable information

Kotowski, Maciej H.; Li, Fei - In: Economics Letters 124 (2014) 3, pp. 420-423

We provide a simple example demonstrating that the unconditional revelation information in a war of attrition with private budget constraints can decrease expected revenue. Our example suggests that information non-revelation can counteract the adverse revenue impact of budget constraints and...

Persistent link: https://www.econbiz.de/10010930710

Asymmetric all-pay auctions with interdependent valuations

Siegel, Ron - In: Journal of Economic Theory 153 (2014) C, pp. 684-702

I show that a unique equilibrium exists in an asymmetric two-player all-pay auction with a discrete signal structure, correlated signals, and interdependent valuations. The proof is constructive, and the construction can be implemented as a computer program and be used to derive comparative...

Persistent link: https://www.econbiz.de/10010930796

Handicaps in incomplete information all-pay auctions with a diverse set of bidders

Kirkegaard, René - In: European Economic Review 64 (2013) C, pp. 98-110

In many contests, a subset of contestants is granted preferential treatment which is presumably intended to be …

Persistent link: https://www.econbiz.de/10010729778

Effective Political Contests

Kaplan, Todd; Sela, Aner - C.E.P.R. Discussion Papers - 2008

We study two-stage political contests with private entry costs. We show that these political contests could be …

Persistent link: https://www.econbiz.de/10005504307

Carrots and Sticks: Prizes and Punishments in Contests

Moldovanu, Benny; Sela, Aner; Shi, Xianwen - C.E.P.R. Discussion Papers - 2008

We study optimal contest design in situations where the designer can reward high performance agents with positive prizes and punish low performance agents with negative prizes. We link the optimal prize structure to the curvature of distribution of abilities in the population. In particular, we...

Persistent link: https://www.econbiz.de/10005504366

1
2
3
4
5
6
7
8
9
10
Next
Last