Showing 1 - 10 of 282
In a model of project design, evaluation, and selection, we explore how the incentives to improve the design of projects depend on the availability of funding and the process of evaluation. We show that project designers (researchers or NGOs) prefer to subject their projects to less-rigorous...
Persistent link: https://www.econbiz.de/10012431052
Challenge funds (CF) induce competition between grant applicants as they develop proposals to address important social problems. We develop a game theoretic model to study how funding availability and proof of concept requirements (e.g., pilots or other forms of early stage screening) influence...
Persistent link: https://www.econbiz.de/10012670905
Persistent link: https://www.econbiz.de/10011641037
When self-interested agents compete for scarce resources, they often exaggerate the promise of their activities. As such, principals must consider both the quality of each opportunity and each agent's credibility. We show that principals are better off with less transparency because they gain...
Persistent link: https://www.econbiz.de/10011586078
In a model of project design, evaluation, and selection, we explore how the incentives to improve the design of projects depend on the availability of funding and the process of evaluation. We show that project designers (researchers or NGOs) prefer to subject their projects to less-rigorous...
Persistent link: https://www.econbiz.de/10011962931
Challenge funds (CF) induce competition between grant applicants as they develop proposals to address important social problems. We develop a game theoretic model to study how funding availability and proof of concept requirements (e.g., pilots or other forms of early stage screening) influence...
Persistent link: https://www.econbiz.de/10012662324
We model an election in which parties nominate candidates with observable policy preferences prior to a campaign that produces information about candidate quality, a characteristic independent of policy. Informative campaigns lead to greater differentiation in expected candidate quality, which...
Persistent link: https://www.econbiz.de/10011145207
We consider a game in which schools compete to place graduates in two distinct ways: by investing in the quality of education, and by strategically designing grading policies. In equilib- rium, schools issue grades that do not perfectly reveal graduate abilities. This leads evaluators to have...
Persistent link: https://www.econbiz.de/10011147072
Self-interested agents (e.g., interest groups, researchers) produce verifiable evidence in an attempt to convince a principal (e.g., legislator, funding organization) to act on their behalf (e.g., introduce legislation, fund research). Agents provide less informative evidence than the principal...
Persistent link: https://www.econbiz.de/10009651331
We show that informative political campaigns can increase political extremism and decrease voter welfare. We present a model of elections in which candidate ideology is strategically selected prior to a campaign which reveals information about candidate quality. Documented means by which...
Persistent link: https://www.econbiz.de/10010604297