This paper analyses the effects of tying arrangements involving IP rights on innovation. Tying, with its ability to temporarily exclude others from the potential benefits deriving from innovation, is pro-innovative by providing firms the incentive to allocate resources to realize newer and...

Die seit Sommer 2007 anhaltende Krise an den weltweiten Finanzmärkten, welche mittlerweile andere Wirtschaftszweige wie etwa den Automobilsektor infiziert hat, ist auch auf die Tätigkeit zumindest der großen US-Ratingagenturen zurückzuführen. Strukturierte Forderungen wurden zu positiv...

As Internet-based commerce becomes increasingly widespread, large datasets about the demand for and pricing of a wide variety of productsbecome available. These present exciting new opportunities for empiricaleconomic and business research, but also raise new statistical issuesand challenges. In...