We develop a theory that shows signaling a firm's fundamental quality (eg, its operational
capabilities) to lenders through inventory transactions to be more efficient—it leads to less …

We study contests for innovation with learning about the innovation's feasibility and
opponents' outcomes. We characterize contests that maximize innovation when the designer …

Motivated by the proliferation of online platforms that collect and disseminate consumers'
experiences with alternative substitutable products/services, we investigate the problem of …

Participants race toward completing an innovation project and learn about its feasibility from
their own efforts and their competitors' gradual progress. Information about the status of …

We consider a game of strategic experimentation in which players face identical discrete-
time bandit problems with a safe and a risky arm. In any period, the risky arm yields either a …

We consider a moral hazard problem in which a principal provides incentives to a team of
agents to work on a risky project. The project consists of two milestones of unknown …

Innovation contests have emerged as a viable alternative to the standard research and
development process. They are particularly suited for settings that feature a high degree of …

We study a continuous-time collaboration model in which two players participate in a joint
project. At any time, players decide between exerting effort or exiting (irreversible) to secure …

We consider a dynamic game of private provision of a discrete public good. In our model, a
group of agents contributes to a project over time, which is completed once the cumulative …

Crowd-sourced content in the form of online product reviews or recommendations is an
integral feature of most Internet-based service platforms and marketplaces, including Yelp …