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Optimal Investment in Knowledge Within a Firm Using a Market Mechanism

Ba, Sulin; Stallaert, Jan; Whinston, Andrew B. - In: Management Science 47 (2001) 9, pp. 1203-1219

There has been an extensive research literature on auctions, but recent developments in technology have resulted in new interest in auction mechanisms as a practical way of allocating resources. This paper presents a new double-auction mechanism to handle resource allocation for public goods...

Persistent link: https://www.econbiz.de/10009218216

The Architecture of Participation: Does Code Architecture Mitigate Free Riding in the Open Source Development Model?

Baldwin, Carliss Y.; Clark, Kim B. - In: Management Science 52 (2006) 7, pp. 1116-1127

This paper argues that the architecture of a codebase is a critical factor that lies at the heart of the open source development process. We define two observable properties of an architecture: (1) modularity and (2) option value. Developers can often make informed judgments about modularity and...

Persistent link: https://www.econbiz.de/10009191452

Another Hidden Cost of Incentives: The Detrimental Effect on Norm Enforcement

Fuster, Andreas; Meier, Stephan - In: Management Science 56 (2010) 1, pp. 57-70

, both of which affect subjects' monetary payoffs. The results of our experiment show that private incentives for …

Persistent link: https://www.econbiz.de/10009191641

An Experimental Test of Advice and Social Learning

Bo\u{g}açhan Çelen; Kariv, Shachar; Schotter, Andrew - In: Management Science 56 (2010) 10, pp. 1687-1701

introduces advice giving into the standard social-learning experiment of Çelen and Kariv (Çelen, B., S. Kariv. 2005. An … experimental test of observational learning under imperfect information. Econom. Theory 26(3) 677-699). The experiments are …

Persistent link: https://www.econbiz.de/10009209309

An Experiment in Approval Voting

Fishburn, Peter C.; Little, John D. C. - In: Management Science 34 (1988) 5, pp. 555-568

the TIMS experiment society members received an experimental approval ballot along with their official plurality ballot … the type usually emphasized in the approval voting literature. The experiment demonstrated the practicality of approval … approval winner had broader support in the electorate than the plurality winner. The experiment also provided empirical data on …

Persistent link: https://www.econbiz.de/10009218237

Stock Market Response to Regulatory Reports of Deceptive Advertising: The Moderating Effect of Omission Bias and Firm Reputation

Wiles, Michael A.; Jain, Shailendra P.; Mishra, Saurabh; … - In: Marketing Science 29 (2010) 5, pp. 828-845

Whereas a growing body of research has examined the consumer-related implications of deceptive advertising, the stock market consequences stemming from the regulatory exposure of such infractions remain largely unexplored. In a step to address this gap, the current research examines the effect...

Persistent link: https://www.econbiz.de/10008788050

Procuring Commodities: First-Price Sealed-Bid or English Auctions?

Shachat, Jason; Wei, Lijia - In: Marketing Science 31 (2012) 2, pp. 317-333

We use laboratory experiments to examine the relative performance of the English auction (EA) and the first-price sealed-bid auction (FPA) when procuring a commodity. The mean and variance of prices are lower in the FPA than in the EA. Bids and prices in the EA agree with game-theoretic...

Persistent link: https://www.econbiz.de/10010630480

Moral Property Rights in Bargaining with Infeasible Claims

Gächter, Simon; Riedl, Arno - In: Management Science 51 (2005) 2, pp. 249-263

shape negotiation behavior considerably. By using the novel setup of a Übargaining with claimsÝ experiment, we provide new …

Persistent link: https://www.econbiz.de/10009197733

Performance Appraisals and the Impact of Forced Distribution--An Experimental Investigation

Berger, Johannes; Harbring, Christine; Sliwka, Dirk - In: Management Science 59 (2013) 1, pp. 54-68

A real-effort experiment is investigated in which supervisors have to rate the performance of individual workers who in …

Persistent link: https://www.econbiz.de/10010990435

Competition Between Organizational Groups: Its Impact on Altruistic and Antisocial Motivations

Goette, Lorenz; Huffman, David; Meier, Stephan; Sutter, … - In: Management Science 58 (2012) 5, pp. 948-960

Firms are often organized into groups. Group membership has been shown empirically to have positive effects, in the form of increased prosocial behavior toward in-group members. This includes an enhanced willingness to engage in altruistic punishment of inefficient defection. Our paper provides...

Persistent link: https://www.econbiz.de/10010990487

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