How do platforms that host crowdsourcing contests make money? Platforms capture value by taking a cut out of a firm's budget. In particular, I am interested in the role of the fixed fee. Is it better to have a fixed fee and a budget-dependent fee or both? This is also called two-part tariff pricing and … Continue reading Pricing models for Crowdsourcing Platforms
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Linear Programming – book
With its focus on solving practical problems, the book features free C and Python programs to implement the major algorithms covered, including the two-phase simplex method, the primal-dual simplex method, the path-following interior-point method, and and the homogeneous self-dual method. In addition, the author provides online tools that illustrate various pivot rules and variants of … Continue reading Linear Programming – book