The effects of rivalry on scientific progress under public vs private learning

DOI10.1016/J.JET.2023.105702MaRDI QIDQ6072244zbMATH OpenOpenAlexFDO

Authors Heidrun Hoppe-Wewetzer, Georgios Katsenos, Emre Ozdenoren

Publication date 12 October 2023

Published in Journal of Economic Theory (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jet.2023.105702

zbMATH Keywords

learningpreemptionexperimentationstopping gamemultiarmed bandit problem

Mathematics Subject Classification ID

Games of timing (91A55) Rationality and learning in game theory (91A26)

Recommendations

• Research and development with publicly observable outcomes
• Competitive experimentation with private information: the survivor's curse
• Researcher's dilemma
• Competition, innovation, and the effect of R\&D knowledge
• Experimentation and learning with network effects

Cites work

• Competitive experimentation with private information: the survivor's curse
• Innovation timing games: a general framework with applications
• Learning and payoff externalities in an investment game
• Monotone Comparative Statics
• On games of strategic experimentation
• Preemption Games with Private Information
• Preemption games under Lévy uncertainty
• Preemptive innovation
• Researcher's dilemma
• Strategic Experimentation with Exponential Bandits
• Strategic experimentation with private payoffs
• Strategic investment and learning with private information

Cited in

(1)

• Competition for publication-based rewards

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