Sourcing Innovation: On Feedback in Contests

Published Online:https://doi.org/10.1287/mnsc.2017.2955

References

  • Ales L, Cho S-H, Körpeoğlu E (2016) Innovation tournaments with multiple contributors. Working paper, Carnegie Mellon University, Pittsburgh.Google Scholar
  • Ales L, Cho S-H, Körpeoğlu E (2017) Optimal award scheme in innovation tournaments. Oper. Res. 65(3):693–702.LinkGoogle Scholar
  • Aoyagi M (2010) Information feedback in a dynamic tournament. Game Econom. Behav. 70(2):242–260.CrossrefGoogle Scholar
  • Bimpikis K, Ehsani S, Mostagir M (2019) Designing dynamic contests. Oper. Res. Forthcoming.LinkGoogle Scholar
  • Bockstedt J, Druehl C, Mishra A (2015) Problem-solving effort and success in innovation contests: The role of national wealth and national culture. J. Oper. Management 36(May):187–200.CrossrefGoogle Scholar
  • Che YK, Gale I (2003) Optimal design of research contests. Amer. Econom. Rev. 93(3):646–671.CrossrefGoogle Scholar
  • Chesbrough HW (2003) Open Innovation: The New Imperative for Creating and Profiting from Technology (Harvard Business School Press, Cambridge, MA).Google Scholar
  • Ederer F (2010) Feedback and motivation in dynamic tournaments. J. Econom. Management Strat. 19(3):733–769.CrossrefGoogle Scholar
  • Ederer F, Manso G (2013) Is pay for performance detrimental to innovation? Management Sci. 59(7):1496–1513.LinkGoogle Scholar
  • Erat S, Gneezy U (2016) Incentives for creativity. Exp. Econom. 19(2):269–280.CrossrefGoogle Scholar
  • Erat S, Krishnan V (2012) Managing delegated search over design spaces. Management Sci. 58(3):606–623.LinkGoogle Scholar
  • European Union (2004) Directive 2004/18/EC of the European parliament and of the council. Official J. EU. 134:114–240.Google Scholar
  • Fudenberg D, Tirole J (1991) Game Theory (MIT Press, Cambridge, MA).Google Scholar
  • Fullerton RL, McAfee RP (1999) Auctioning entry into tournaments. J. Political Econom. 107(3):573–605.CrossrefGoogle Scholar
  • Gavious A, Moldovanu B, Sela A (2002) Bid costs and endogenous bid caps. RAND J. Econom. 33(4):709–722.CrossrefGoogle Scholar
  • Gershkov A, Perry M (2009) Tournaments with midterm reviews. Game Econom. Behav. 66(1):162–190.CrossrefGoogle Scholar
  • Goltsman M, Mukherjee A (2011) Interim performance feedback in multistage tournaments: The optimality of partial disclosure. J. Labor. Econom. 29(2):229–265.CrossrefGoogle Scholar
  • Green JR, Stokey NL (1983) A comparison of tournaments and contracts. J. Political Econom. 91(3):349–364.CrossrefGoogle Scholar
  • Gross D (2017) Performance feedback in competitive product development. RAND J. Econom. 48(2):438–466.CrossrefGoogle Scholar
  • Gürtler O, Münster J, Nieken P (2013) Information policy in tournaments with sabotage. Scand. J. Econom. 115(3):932–966.CrossrefGoogle Scholar
  • Halac M, Kartik N, Liu Q (2017) Contests for experimentation. J. Political Econom. 125(5):1523–1569.CrossrefGoogle Scholar
  • Konrad K (2009) Strategy and Dynamics in Contests (Oxford University Press, Oxford, UK).CrossrefGoogle Scholar
  • Konrad K, Kovenock D (2009) Multi-battle contests. Game Econom. Behav. 66(1):256–274.CrossrefGoogle Scholar
  • Körpeoğlu E, Cho S-H (2018) Incentives in contests with heterogeneous solvers. Management Sci. 64(6):2709–2715.LinkGoogle Scholar
  • Lazear EP, Rosen S (1981) Rank-order tournaments as optimum labor contracts. J. Political Econom. 89(5):841–864.CrossrefGoogle Scholar
  • Marinovic I (2015) The credibility of performance feedback in tournaments. J. Econom. Management Strategy 24(1):165–188.CrossrefGoogle Scholar
  • Moldovanu B, Sela A (2001) The optimal allocation of prizes in contests. Amer. Econom. Rev. 91(3):542–558.CrossrefGoogle Scholar
  • Moldovanu B, Sela A (2006) Contest architecture. J. Econom. Theory 126(1):70–96.CrossrefGoogle Scholar
  • Nalebuff BJ, Stiglitz JE (1983) Prizes and incentives: Towards a general theory of compensation and competition. Bell. J. Econom. 14(1):21–43.CrossrefGoogle Scholar
  • Olver F, Lozier D, Boisvert R, Clark C (2010) NIST Handbook of Mathematical Functions (Cambridge University Press, New York).Google Scholar
  • Rosen J (1965) Existence and uniqueness of equilibrium points for concave n-person games. Econometrica 33(3):520–534.CrossrefGoogle Scholar
  • Siegel R (2009) All-pay contests. Econometrica 77(1):71–92.CrossrefGoogle Scholar
  • Siegel R (2010) Asymmetric contests with conditional investments. Amer. Econom. Rev. 100(5):2230–2260.CrossrefGoogle Scholar
  • Taylor CR (1995) Digging for golden carrots: An analysis of research tournaments. Amer. Econom. Rev. 85(4):872–890.Google Scholar
  • Terwiesch C, Xu Y (2008) Innovation contests, open innovation, and multiagent problem solving. Management Sci. 54(9):1529–1543.LinkGoogle Scholar
  • Wooten J, Ulrich K (2017) Idea generation and the role of feedback: Evidence from field experiments with innovation tournaments. Production Oper. Management 26(1):80–99.CrossrefGoogle Scholar
  • World Bank (2016) The World Bank: Procurement regulations for IPF borrowers. (July 2016).Google Scholar
  • Yildirim H (2005) Contests with multiple rounds. Game Econom. Behav. 51(1):213–227.CrossrefGoogle Scholar
  • Yücesan E (2013) An efficient ranking and selection approach to boost the effectiveness of innovation contests. IIE Trans. 45(7): 751–762.CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.