, innovation …

theory, while sociological theories of social ties and intergroup comparisons suggest that bilateral cooperation can be …

the literature in industrial economics neglects individuals’ incentives to form cartels. Although oligopoly experiments …

observed in detected cartels. We show formally why these schemes are useful for dampening deviation incentives when colluding …

This paper develops a two-country, dynamic general equilibrium model with innovation contests to study the impact of … stochastic and sequential global innovation contests in which challengers devote resources to R&D to discover new products while …

potentially negative profits at home. In addition, similar incentives exist to transfer the IP to a jurisdiction where tax rates …

Both theory and recent empirical evidence on nudging suggest that observability of behavior acts as an instrument for …

examine whether information on the offered incentives improves reports about a known objective prior. We find that transparent … information on incentives gives rise to error rates in excess of 40 percent, and that only 15 percent of participants consistently … report the truth. False reports are conservative and appear to result from a biased perception of the BSR incentives. While …