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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...
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constraints inhibit innovation diffusion and industrial change, causing structural instability. Evolutionary competition in the …
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constraints inhibit innovation diffusion and industrial change, causing structural instability. Evolutionary competition in the …
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