Innovation can be shaped through carefully designed incentives, including prizes, advance market commitments, pay-for-outcomes procurement, and funding of research and development.
We study approaches for improving the alignment incentives for innovation for firms with what is most beneficial for social welfare. Such “market shaping” approaches include governments or philanthropists paying for outcomes, advance market commitments, and income sharing agreements where workforce training programs are paid based on the improvement in worker income. Our work on measurement is integrally connected to the success of market shaping, since reliable measures of relevant outcomes are essential to ensure that firm payments are aligned with societal goals.
Project Abstracts
Read about a few of the research projects the lab is currently working on.
Academic Publications
Service Quality on Online Platforms: Empirical Evidence about Driving Quality at Uber
Emotion- Versus Reasoning-Based Drivers of Misinformation Sharing: A Field Experiment Using Text Message Courses in Kenya
Platform Annexation
Shared Decision-Making: Can Improved Counseling Increase Willingness to Pay for Modern Contraceptives?
Market Design to Accelerate COVID-19 Vaccine Supply
Interviews & Thought Leadership
Learn firsthand from researchers and practitioners associated with the lab.