Incentives for Collaboration and Competition

Incentives for Collaboration and Competition
Author :
Publisher : Springer Nature
Total Pages : 243
Release :
ISBN-10 : 9783658292317
ISBN-13 : 3658292318
Rating : 4/5 (318 Downloads)

Book Synopsis Incentives for Collaboration and Competition by : Jonas Heite

Download or read book Incentives for Collaboration and Competition written by Jonas Heite and published by Springer Nature. This book was released on 2020-02-25 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individuals and firms can improve their performance through collaboration and competition. However, it is still an open question how collaboration and competition schemes can be optimally designed and incentivized in order to exploit their full potential. Jonas Heite investigates this question by assessing efforts to stimulate R&D collaboration and by examining properties as well as underlying mechanisms (e.g., effort, risk, confidence and stress) of ability configurations in contests. Based on three large-scale economic studies covering laboratory, field and natural experiments, the author applies novel and sophisticated econometric methods to provide causal empirical evidence that yields important implications for policymakers, managers and researchers.

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