Similar Search Results

Competitive procurement with ex post moral hazard

Chakraborty, Indranil; Khalil, Fahad; Lawarrée, Jacques - 2021

Unlike standard auctions, we show that competitive procurement may optimally limit competition or use inefficient … allocation rules that award the project to a less efficient firm with positive probability. Procurement projects often involve ex … post moral hazard after the competitive process is over. A procurement mechanism must combine an incentive scheme with the …

Persistent link: https://www.econbiz.de/10012421254

Artificial intelligence & data obfuscation : algorithmic competition in digital ad auctions

Decarolis, Francesco; Rovigatti, Gabriele; Rovigatti, … - 2023

Persistent link: https://www.econbiz.de/10014235314

Shipping to heterogeneous customers with competing carriers

Lu, Tao; Chen, Ying-Ju; Fransoo, Jan C.; Lee, Chung-Yee - In: Manufacturing & service operations management : M & SOM 22 (2020) 4, pp. 850-867

Persistent link: https://www.econbiz.de/10012268431

Designing innovation contests for diversity

Letina, Igor; Schmutzler, Armin - 2015 - Revised version, December 2015

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is desirable because it generates an option value. In our main model with two suppliers, the buyer...

Persistent link: https://www.econbiz.de/10011410264

Designing institutions for diversity

Letina, Igor; Schmutzler, Armin - 2015

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is beneficial because of the resulting option value. An auction induces the social optimum, while a...

Persistent link: https://www.econbiz.de/10011297657

Inducing variety : a theory of innovation contests

Letina, Igor; Schmutzler, Armin - 2017 - Revised version, June 2017

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach, but the best approach is unknown. Inducing a variety of research approaches is desirable because it generates an option value. We show that suitable contests can induce such...

Persistent link: https://www.econbiz.de/10011667487

Inducing variety: a theory of innovation contests

Letina, Igor; Schmutzler, Armin - 2019 - Revised version

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach, but the best approach is unknown. Inducing a variety of research approaches generates an option value. We show that suitable contests can induce such variety. The...

Persistent link: https://www.econbiz.de/10011993710

Firms price discriminate based on suppliers' relative distances to competitors

Granlund, David; Meens-Eriksson, Sef - 2022

Persistent link: https://www.econbiz.de/10013454312

Dynamisches Supply Management und dynamische Produktdifferenzierungsstrategie : moderne Konzepte für schlanke Industrieunternehmen

Kaluza, Bernd - In: Herausforderung Materialwirtschaft : zur Bedeutung …, (pp. 3-53). 1997

Persistent link: https://www.econbiz.de/10001321926

Strategic disclosure of demand information by duopolists : theory and experiment

Jansen, Jos; Pollak, Andreas - 2015

We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where both firms receive information with some probability, we show that firms selectively disclose information in equilibrium in order to influence their competitorś product-market...

Persistent link: https://www.econbiz.de/10011301237

1
2
3
4
5
6
7
8
9
10
Next
Last