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This paper analyzes intertemporal effort provision in two-stage tournaments. A principal with a fixed budget for prizes faces two risk-neutral agents. He observes noisy signals of effort in both periods. His goal is to maximize either total efforts (perfect substitutes) or the product of first-...
Persistent link: https://www.econbiz.de/10010338948
) intensifies the competition: in particular, both top and mean realized scores increase. To tame incentives to provide excessively …
Persistent link: https://www.econbiz.de/10011914839
We investigate divisions within the citation network in economics using citation data between 1990 and 2010. We consider all partitions of top institutions into two equal-sized clusters, and pick the one that minimizes cross-cluster citations. The strongest division is much stronger than could...
Persistent link: https://www.econbiz.de/10009709509
Persistent link: https://www.econbiz.de/10010373254
Updating the study by Seiler and Wohlrabe (2013) we use archetypoid analysis to classify top economists. The approach … from 776 top economists we identify four archetypoids. These types represent solid, low, top and diligent performer. Each …
Persistent link: https://www.econbiz.de/10012599140
Updating the study by Seiler and Wohlrabe (2013) we use archetypoid analysis to classify top economists. The approach … from 776 top economists we identify four archetypoids. These types represent solid, low, top and diligent performer. Each …
Persistent link: https://www.econbiz.de/10012202406
downstream demand for knowledge that is initially disclosed through scientific publication in fields where research is generated … and utilized across different institutional settings (i.e., academia versus industry). For scientific discoveries with … knowledge disclosed in a given scientific journal. This paper evaluates the relationship between scientific journal publication …
Persistent link: https://www.econbiz.de/10011051618
This paper examines three related puzzles: 1) Why do US universities dominate the global rankings? 2) Within US universities, why is Harvard University usually ranked at the top? 3) While most universities take centuries to acquire a global reputation how have many US universities leapfrogged to...
Persistent link: https://www.econbiz.de/10014041068
Tournaments are widely used in the economy to organize production and innovation. We study individual data on 2,775 contestants in 755 software algorithm development contests with random assignment. The performance response to added contestants varies non-monotonically across contestants of...
Persistent link: https://www.econbiz.de/10010192352
This paper considers the optimal design of dynamic research contests when the buyer can set time-dependent prizes. We derive the buyer-optimal contest and show that it entails an increasing prize schedule. Remarkably, this allows the buyer to implement a global stopping rule. In particular, the...
Persistent link: https://www.econbiz.de/10011538596