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Three Prominent Tournament Formats: Predictive Power and Costs
Ryvkin, Dmitry; Ortmann, Andreas - Center for Economic Research and Graduate Education and … - 2006
We analyze tournaments of heterogeneous players from an organizer’s perspective. Using a simple model of a noisy tournament, we demonstrate how the likelihood of selecting the best player, here termed the “predictive power” of a tournament, depends on the tournament format, the...
Persistent link: https://www.econbiz.de/10005357509
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The Predictive Power of Three Prominent Tournament Formats
Ryvkin, Dmitry; Ortmann, Andreas - In: Management Science 54 (2008) 3, pp. 492-504
Tournaments of heterogeneous candidates can be thought of as probabilistic mechanisms that select high-quality agents. We quantify the efficiency of such selection by the likelihood of selecting the best player, here termed the "predictive power." We study three widely used tournament formats:...
Persistent link: https://www.econbiz.de/10009204632
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Exploring the Structure of Complex Software Designs: An Empirical Study of Open Source and Proprietary Code
MacCormack, Alan; Rusnak, John; Baldwin, Carliss Y. - In: Management Science 52 (2006) 7, pp. 1015-1030
This paper reports data from a study that seeks to characterize the differences in design structure between complex … software products. We use design structure matrices (DSMs) to map dependencies between the elements of a design and define … purposeful managerial actions can have a significant impact in adapting a design's structure. This latter result is important …
Persistent link: https://www.econbiz.de/10009191782
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Design Rules, Volume 1: The Power of Modularity
Baldwin, Carliss Y.; Clark, Kim B. - The MIT Press
powerful theory of design and industrial evolution. They argue that the industry has experienced previously unimaginable levels … different approaches, as long as they obeyed the established design rules. Drawing upon the literatures of industrial …
Persistent link: https://www.econbiz.de/10005034488