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is the impact of competition on cooperation. While cooperation has the benefit of avoiding duplication, it may have an … relative progress during the R&D process and the intensity of product market competition. The design is based on a modified …
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We report an experimental test of alternative rules in innovation contests when success may not be feasible and contestants may learn from each other. Following Halac et al. (forthcoming), the contest designer can vary the prize allocation rule from Winner-Take-All in which the first successful...
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