Great Ideas (Don't) Sell Themselves: The Disclosure Paradox in Digital Startups Auctions
An inventor may be hesitant to reveal her idea to potential buyers because she fears it will be stolen. I show that this disclosure paradox can result in only the worst ideas being sold, leading to an ineffective commercialization of the best ideas. This distortion at the top is especially significa...
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Format: | Thesis |
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Massachusetts Institute of Technology
2023
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Online Access: | https://hdl.handle.net/1721.1/150159 |