Similar Search Results

The road not taken : competition and the R&D portfolio

Letina, Igor - 2015 - [Revised version, August 2015]

duplication of research. An increase in the intensity of competition among firms leads to an increase in the variety of developed …

Persistent link: https://www.econbiz.de/10011312249

Does competition justify inequality?

Bartling, Björn; Grieder, Manuel; Zehnder, Christian - 2015 - Revised version, November 2015

Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rulebook slowdowns or quality shading. To analyze fairness perceptions associated with...

Persistent link: https://www.econbiz.de/10011404392

Dynamic R&D networks with process and product innovations

König, Michael D. - 2016 - This version: March 28, 2016

introduce process innovations to lower their production costs. Product innovations introduce an escape-competition effect … coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model … to different levels of competition in these industries. …

Persistent link: https://www.econbiz.de/10011444454

The road not taken : competition and the R&D portfolio

Letina, Igor - 2013

amount of duplication of research. An increase in the intensity of competition among firms leads to an increase in the …

Persistent link: https://www.econbiz.de/10009761734

The road not taken : competition and the R&D portfolio

Letina, Igor - 2014 - Revised version, August 2014

competition among firms leads to an increase in the variety of developed projects and a decrease in the amount of duplication of …

Persistent link: https://www.econbiz.de/10010402613

Designing dynamic research contests

Benkert, Jean-Michel; Letina, Igor - 2016

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

Contests with small noise and the robustness of the all-pay auction

Ewerhart, Christian - 2016 - Revised version

, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and dynamic …

Persistent link: https://www.econbiz.de/10011538607

Designing innovation contests for diversity

Letina, Igor; Schmutzler, Armin - 2015 - Revised version, December 2015

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is desirable because it generates an option value. In our main model with two suppliers, the buyer...

Persistent link: https://www.econbiz.de/10011410264

Targeted information and limited attention

Hefti, Andreas; Liu, Shuo - 2016

findings are robust to several variations, including price and salience competition as well as varying quality of the available …

Persistent link: https://www.econbiz.de/10011508048

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 every period while the contest is ongoing, to an otherwise standard setting. We show that a contest where: (i) the principal can stop the contest in any period, (ii) a constant...

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