Copyright law grants the exclusive right to copyright owners so that they have adequate financial incentives to create and innovate. However, when firms are copyright owners, they can leverage the exclusive right to sell or distribute products exclusively. This paper studies the music streaming...

EU and U.K. antitrust are contingent upon rigorous enforcement and the imposition of sanctions. Hard enforcement is key; antitrust loses its effect when it does not “bite.” Soft instruments (non-adversarial, informal) and negotiated penalty settlements may be used, but authorities are...

Information disclosures often “nudge” consumers to make better choices—for example, when manufacturers include nutrition labels on food packaging or fuel economy standards on cars. Yet having to disclose can have a nudge effect on the disclosing entity, too—for example, by incentivizing...

Sanction enforcement offers the potential to mitigate free riding on punishment among multiple third parties. Cross-societal differences in the effectiveness of sanction enforcement may be explained by factors rooted in cultural evolution. This paper provides the first experiment to study...

This Essay is based on my presentation to Temple University Beasley School of Law for the 2022 Frank and Rose Fogel Lecture Series. This is not intended to be a transcript of my remarks given on October 11, 2022, but instead, an opportunity to provide additional information regarding the Tax...

Economic sanctions have become a common feature of the international system. Since the end of the cold war, multilateral sanctions, both comprehensive and partial, have been imposed on several states and on several occasions. In many of these cases, the goal of the sanctions has been to improve...

Competition authorities need a better understanding of the determinants of cartel self-reporting in order to increase cartel members’ incentives to apply for the benefit from leniency programs and thus improve the effectiveness of anti-cartel policy. Using information on 683 firm groups that...

With increasing frequency, patent holders have made voluntary public commitments (pledges) to limit the enforcement of their patents without direct compensation. After introducing the background and market impact of patent pledges, this chapter focuses on the effect on patent pledges on the...

In this study, we experimentally analyze public goods games with an interior provision point. The role of ideology is tested in two different environments in which the political affiliation of group members is manipulated. While in the first experiment, participants’ ideology was no salient,...