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We study ex post outsourcing of production in an imperfectly discriminating contest, interpreted here as a research … tournament or a procurement contest for being awarded some production contract. We find that the possibility of outsourcing … increases competition between the contestants, leading to higher total contest effort, unless the ex-post bargaining strength of …
Persistent link: https://www.econbiz.de/10010261411
We study ex post outsourcing of production in an imperfectly discriminating contest, interpreted here as a research … tournament or a procurement contest for being awarded some production contract. We find that the possibility of outsourcing …/or the ex-post bargaining strength of the contest winner is sufficiently low. However, even in the case of two contestants …
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We study ex post outsourcing of production in an imperfectly discriminating contest, interpreted here as a research … tournament or a procurement contest for being awarded some production contract. We find that the possibility of outsourcing … obtain a sufficiently large share of ex post outsourcing rents. Under reasonable assumptions, outsourcing tends also to …
Persistent link: https://www.econbiz.de/10005809441
The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …
Persistent link: https://www.econbiz.de/10010333799
The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …
Persistent link: https://www.econbiz.de/10003848872
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Why do contests exist in settings where negotiation provides a costless alternative? I assess a new explanation …
Persistent link: https://www.econbiz.de/10012052378