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the verifiability of the quality provided and the expert's liability. In this paper, we identify the information … the expert's liability for determining whether informed customers have real effects on market outcomes. On the other hand …
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I present a brief argument against both the use of the “monopoly” terminology for copyright and the related claim that … the “monopoly” lingo, I conclude that the arguments that copyright is inconsistent with laissez-faire capitalism and … constitutes a “monopoly” are exceedingly difficult positions to defend. As such, the keys to intellectual debate surrounding …
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The word sanction has two meanings. A sanction may be a punishment - a punitive or coercive measure that results from a failure to comply with a law, rule, or order. On the other hand, a sanction may be an official or authoritative approval. Thus this question is posed: can one be sanctioned, in...
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This paper studies the relationship between three key elements of the marketing mix, namely, price, product, and promotion, in a model where a seller employs informative advertising to launch a new product. We propose a fairly general advertising technology for the study of three promotional...
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