When a new technology consists of sequences of innovations that culminate in a finalconsumer product, the balance between successive innovators is one of the main concernsin the design of the patent system. While intertemporal aspects of incentive are critical inthis environment of sequential...

Writing is a working lool for the economisl-a tool both for doing research and for presenting research results. Effective writing is important for all scientists, but especially for economists. Economists need to write well to complete their work effectively, to meet their ethical obligations,...