On Research and Free-Riding
AbstractWe analyse the production of knowledge in research teams. Individuals put in effort, which is not enforcable. Effort increases the probability of a successful outcome. Research with enforcable effort displays increasing returns to scale; these scale economies are limited, or even reversed, by the presence of incentive constraints.
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Bibliographic InfoPaper provided by Department of Economics, Florida State University in its series Working Papers with number 1996_04_02.
Length: 26 pages
Date of creation: 1996
Date of revision:
Find related papers by JEL classification:
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
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