If you cannot win the game, change the rules

Posted on Wed 01 November 2017 in Innovation, NPD • Tagged with contests, tournaments

One of my wonderful coauthors mistaking me for someone who watches sports, shared some “sports” sayings with me. One of these was the profound sounding but somewhat meaningless (at least to me) saying about changing the rules if you can’t win. Anyway, given that I am interested in economic …


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Buildup of Ideas

Posted on Sun 08 January 2017 in Research • Tagged with Measurement, R

There is much research that suggests that people dont often get a sudden inspiration, but that they gradually buildup ideas over time. I was interested in one specific piece of this, how can we measure buildup or lack there of. Of course, it is easy to eyeball ideas or to …


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Moving webpage to a Pelican powered static blog.

Posted on Mon 26 December 2016 in Tech • Tagged with pelican, python

The old webpage had started to look kind of dated. Since I didnt want to spend too much time mucking around with html/css, I ended up setting up a static blog type webpage with pelican using the Flex theme.

Some great instructions on getting it up and running is …


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Efforts in Internal Contests

Posted on Wed 23 September 2015 in Innovation, NPD • Tagged with contests, tournaments

Consider a firm which has two employees. We assume that the employees can either work on routine projects and put in efforts \(E_{i}\) (\(i = 1,2\)), in which case, the firm obtains reward \(E_{1} + E_{2}\) from these routine projects, and the employees obtain wages \(wE_{i}\). Note …


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