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Batabyal and Yoo (2019) have recently obtained a significant result in their analysis of the use of utilitarian and Rawlsian policies by two cities to attract the creative class. They show that if one city switches to a Rawlsian or more egalitarian objective when the other city remains...
Persistent link: https://www.econbiz.de/10012865182
Batabyal and Yoo (2019) have recently obtained a significant result in their analysis of the use of utilitarian and Rawlsian policies by two cities to attract the creative class. They show that if one city switches to a Rawlsian or more egalitarian objective when the other city remains...
Persistent link: https://www.econbiz.de/10012845763
like in marketing and in Research & Development, risk missing out on opportunities. Creativity-focused leadership embedded … meetings with people from completely different industries and disciplines. Setting challenging targets mobilizes the creativity …. Creativity techniques are useful as a stepping-stone towards taking new and promising thought paths and offer therefore the …
Persistent link: https://www.econbiz.de/10014050896
This paper studies the relationship between optimal prizes and scarcity of ideas in innovation contests. We consider a model where both ideas and effort are integral parts of the innovation process. Contest participants are privately informed about their idea quality. We introduce a new...
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