Dynamic contracting for innovation under ambiguity

DOI10.1016/J.GEB.2022.01.015MaRDI QIDQ2078097zbMATH OpenOpenAlexFDO

Authors Swagata Bhattacharjee

Publication date 25 February 2022

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://dp.ashoka.edu.in/ash/wpaper/paper15.pdf

zbMATH Keywords

innovationambiguityR\&Ddynamic contractpatent law

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Contract theory (moral hazard, adverse selection) (91B41)

Recommendations

• Outsourcing of innovation
• The Management of Innovation
• Optimal contracts for experimentation
• Adaptive contracting: the trial-and-error approach to outsourcing
• Adaptive Contracting: The Trial-and-Error Approach to Outsourcing

Cites work

• A More Robust Definition of Subjective Probability
• Dynamic choice under ambiguity
• Dynamic variational preferences
• Knightian uncertainty and moral hazard
• Learning Under Ambiguity
• Maxmin expected utility with non-unique prior
• Optimal contracts for experimentation
• Recursive multiple-priors.
• Recursive smooth ambiguity preferences
• Robustness of simple menus of contracts in cost-based procurement
• Strategic Experimentation with Exponential Bandits

Cited in

(9)

• Effects of informal contracts on innovative cooperation among enterprises in industrial clusters: an evolutionary game analysis
• Adaptive Contracting: The Trial-and-Error Approach to Outsourcing
• A comparison of milestone contract and royalty contract under critical value criterion in R\&D alliance
• Contracting for technology improvement: the effect of asymmetric bargaining power and investment uncertainty
• The Management of Innovation
• Anticipating Disagreement in Dynamic Contracting
• Outsourcing of innovation
• Adaptive contracting: the trial-and-error approach to outsourcing
• R\&D outsourcing in an innovation-driven supply chain

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