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Scarcity of Ideas and Optimal Prizes in Innovation Contests

Erkal, Nisvan; Xiao, Jun - 2021

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 …

Persistent link: https://www.econbiz.de/10013324416

Dynamic competition with network externalities : why histroy matters

Hałaburda, Hanna; Jullien, Bruno; Yehezkel, Yaron - 2016

Persistent link: https://www.econbiz.de/10011482047

Dynamic competition with network externalities : why history matters

Hałaburda, Hanna; Jullien, Bruno; Yehezkel, Yaron - 2016 - September 2013, revised March 2016

We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the market in the previous period becomes "focal" in the current period, in that agents play the equilibrium in which they adopt the focal platform whenever such equilibrium exists....

Persistent link: https://www.econbiz.de/10011451079

Designing dynamic research contests

Benkert, Jean-Michel; Letina, Igor - 2019 - Revised version

This paper studies the optimal design of dynamic research contests. We introduce interim transfers, which are paid in …

Persistent link: https://www.econbiz.de/10012052584

The causal effects of competition on innovation : experimental evidence

Aghion, Philippe; Bechtold, Stefan; Cassar, Lea; Herz, … - 2014

Persistent link: https://www.econbiz.de/10010339651

The Causal Effects of Competition on Innovation : Experimental Evidence

Aghion, Philippe - 2014

-by-step innovation. Innovations result from costly R&D investments and move technology up one step. Competition is inversely measured by …-and-neck. All these results are consistent with the predictions of step-by-step innovation models …

Persistent link: https://www.econbiz.de/10013056594