Bhaskarabhatla, Ajay; Pennings, Enrico - Tinbergen Instituut - 2012
We formulate a simple model of optimal defensive disclosure by a monopolist facinguncertain antitrust enforcement and … that strongerantitrust enforcement leads to more defensive disclosure, that quality inventions aredisclosed defensively …, and that defensive disclosure served as an alternative but lesssuccessful mechanism to patenting at IBM in appropriating …
