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Price competition and reputation in markets for experience goods : an experimental study

Huck, Steffen; Lünser, Gabriele K.; Tyran, Jean-Robert - 2013

attention to reputation for quality. This provides empirical support to recent models in behavioral IO that assume that … eine Reputation für die Qualität ihrer Produkte erwerben können ('experience goods'). Dabei vergleichen wir den … endogen ergeben, mindert Preiswettbewerb die Effizienz, da die Konsumenten der Reputation der Verkäufer hinsichtlich der …

Persistent link: https://www.econbiz.de/10010188722

Price competition and reputation in markets for experience goods : an experimental study

Huck, Steffen; Lünser, Gabriele K.; Tyran, Jean-Robert - 2015 - September 2013, revised March 2015

attention to reputation for quality. This provides empirical support to recent models in behavioral industrial organization that …

Persistent link: https://www.econbiz.de/10010498486

Patents, data exclusivity, and the development of new drugs

Gäßler, Fabian; Wagner, Stefan - 2019

Pharmaceutical firms typically enjoy market exclusivity for new drugs from concurrent protection of the underlying invention (through patents) and the clinical trials data submitted for market approval (through data exclusivity). Patent invalidation during drug development renders data...

Persistent link: https://www.econbiz.de/10012064786

The effect of patent litigation insurance : theory and evidence from NPEs

Ganglmair, Bernhard; Helmers, Christian; Love, Brian J. - 2020

We analyze the extent to which private defensive litigation insurance deters patent assertion by non-practicing entities (NPEs). We study the effect that a patent-specific defensive insurance product, offered by a leading litigation insurer, had on the litigation behavior of insured patents’...

Persistent link: https://www.econbiz.de/10012267115

Judicial attitudes under shifting jurisprudence : evidence from Brazil's new drug law of 2006

Castro, Alexandre Samy de - 2021

This paper exploits the diversity of panels at the court of appeals in the state of São Paulo to address the role of career backgrounds and ideology in shaping the response of judicial decisions to a major shift in jurisprudence on drug offenses. The Brazilian constitution reserves 80% of the...

Persistent link: https://www.econbiz.de/10012594625

What are the priorities of bureaucrats? : evidence from conjoint experiments with procurement officials

Tukiainen, Janne; Blesse, Sebastian; Bohne, Albrecht; … - 2021 - This version: March 25, 2021

reputation. Third, an avoidance of bidders with prior bad performance appears to be an extremely important factor. Fourth …

Persistent link: https://www.econbiz.de/10012492856

Bargaining failure and freedom to operate : re-evaluating the effect of patents on cumulative innovation

Gaessler, Fabian; Harhoff, Dietmar; Sorg, Stefan - 2019

We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the patent universe in its technological and economic variety. We introduce a novel instrumental variable for patent invalidation that exploits personnel scarcity in post-grant...

Persistent link: https://www.econbiz.de/10012139072

Imperfect information about consumer rights : implications for efficiency and distribution

Baumann, Florian; Friehe, Tim; Wenzel, Tobias - 2021

This paper shows that the provision of consumer rights can decrease welfare when some consumers remain ignorant of these rights. We find that consumers uninformed about a mandated warranty demand excessively safe products in some circumstances. In other circumstances, uninformed consumers buy...

Persistent link: https://www.econbiz.de/10012793595

Regulatory compliance with limited enforceability : evidence from privacy policies

Ganglmair, Bernhard; Krämer, Julia; Gambato, Jacopo - 2024

The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to disclose, in accessible language, details of their data collection, processing, and use. The specifics of the disclosure requirement are objective, and its compliance is easily...

Persistent link: https://www.econbiz.de/10014504790

Does a short-term increase in incentives boost performance?

Angelova, Vera; Giebe, Thomas; Ivanova-Stenzel, Radosveta - 2017

If agents are exposed to continual competitive pressure, how does a short-term variation of the severity of the competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a sequence of equally incentivized contests. Our results...

Persistent link: https://www.econbiz.de/10011895040