Robert Ridlon

Lecturer at Kelley School of Business

Schools

  • Kelley School of Business

Expertise

Links

Biography

Kelley School of Business

Areas of Expertise

Game Theory, Contests in Marketing Strategy, Pricing Strategies, Consumer Decision Making, Auctions

Academic Degrees

  • PhD , Indiana University, 2008
  • MS, Indiana University, 2007
  • BS, Indiana University, 2001
  • AS, Belleville Area College, 1999

Professional Experience

  • Indiana University, Kelley Business School, Visiting Assistant Professor (2011 – Present)
  • Sungkyunkwan University, Graduate School of Business, Assistant Professor of Marketing (2008 – 2011)
  • Massachusetts Institute of Technology, Sloan School of Business, International Faculty Fellow (Spring 2010)

Selected Publications

  • Ridlon, Robert (2016), "Does Manufacturer Advertising Crowd-in or Crowd-out Retailer Advertising? An Application of an Endogenous Prize Contest with Asymmetric Players," Southern Economic Journal, 83(2): 364-379.
  • Ridlon, Robert, and Jiwoong Shin (2013), “Favoring the Winner or Loser in Repeated Contests,” Marketing Science, 32:5, 768-785.

Abstract Should a firm favor a weaker or stronger employee in a contest? Despite a widespread emphasis on rewarding the best employees, managers continue to tolerate and even favor poor performers. Contest theory reveals that evenly matched contests are the most intense, which implies that a contest designer can maximize each player''s effort by artificially boosting the underdog''s chances. We apply this type of "handicapping" to a two-period repeated contest between employees, in which the only information available about their abilities is their performance in the first-period. In this setting, employees are strategic and forward looking, such that they fully anticipate the potential impact of the first-period contest result on the second period contest, and thus adjust their behaviors accordingly. The manager also incorporates these strategic behaviors of employees when determining an optimal handicapping policy. If employees'' abilities are sufficiently different, favoring the first-period loser in the second period increases total effort over both periods. However, if abilities are sufficiently similar, we find the opposite result occurs: total effort increases the most in response to a handicapping strategy of favoring the first-period winner.

Videos

Read about executive education

Other experts

Sergio Paci

Curriculum Vitae SDA Distinguished Professor Degree in Economics and Banking, Università  degli Studi di Siena Academic position and/or Professional activities Full Professor of Economics of financial institutions, Bocconi University Director of CERAP Centre for Research on Insurance and So...

Henri Bergeron

Henri Bergeron conducts research on healthcare policy and changes in medical practice through the study of various subjects, including illegal drugs, alcohol, obesity, medical research, and public healthcare. He uses tools from the sociology of public policy, the sociology of social movements, an...

Martin Cremer

Martin Cremer has a strong banking background, combining structuring expertise of complex private equity debt transactions with international negotiation skills. He has been working in this field for over 14 years in various financial institutions. Before joining Frankfurt School in 2011, Mr. Cre...

Looking for an expert?

Contact us and we'll find the best option for you.

Something went wrong. We're trying to fix this error.