Knowledge that Transforms

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Patents and Innovation

MansfieldEdwin
Management Science 1986
To what extent would the rate of development and introduction of inventions decline in the absence of patent protection? To what extent do firms make use of the patent system, and what differences ...

Bidding for Contracts

SamuelsonWilliam
Management Science 1986
In a competitive procurement, a buyer seeks to institute a bidding and contracting procedure which selects the most efficient firm to undertake the contract while offering terms that promote risk s...

Multi-Object Auctions

B HauschDonald
Management Science 1986
Would a seller prefer to sell multiple objects through sequential or simultaneous auctions? Sequential auctions with bids announced between sales seem preferable because the bids may convey informa...

Effectiveness as Paradox

S CameronKim
Management Science 1986
Attention to the subject of organizational effectiveness has been increasing in the last several years as popular management books have extolled management excellence, almost two million jobs have ...