In this study, we examine how the monetary rewards and competitive constraints that organizers of innovation tournaments incorporate are associated with participation. These two aspects of innovation tournaments are crucial because they represent critical design decisions that the organizers must make beforehand. We show that the reward amount is negatively associated with participation, while the presence of competitive constraints, which “make the competitive landscape less asymmetric”, is positively associated with participation. Furthermore, the study shows that competitive constraints moderate the negative association between reward amount and participation. These findings provide insights into contestant motivation as well as the interdependencies between tournament design choices.

中文翻译：

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创新竞赛中约束与奖励之间的相互作用：对参与的启示

在这项研究中，我们研究了创新锦标赛的组织者所包含的金钱奖励和竞争约束如何与参与相关联。创新锦标赛的这两个方面至关重要，因为它们代表了组织者必须事先做出的关键设计决策。我们表明，奖励金额与参与度呈负相关，而“使竞争格局不那么不对称”的竞争约束的存在与参与度呈正相关。此外，该研究表明，竞争约束缓和了奖励金额与参与之间的负相关关系。这些发现提供了对参赛者动机以及锦标赛设计选择之间相互依赖关系的见解。