This paper analyzes interdependencies between optimal trade policy and ‘preferred' liability doctrine to assess infringement damages, when intellectual property rights are probabilistic, in a model of import competition between a foreign patentee and a domestic infringer. It shows two reversal...

In the mainstream international development discourse, one often finds a general dualistic outlook in classifying the concept of (urban) informality, seen to be strikingly different from the formal, regulated economic arrangements. Earlier definitions explaining informality in context of market...

The paper investigates the optimal scope of trade secrets law. In the model, one innovative firm invests resources first to produce knowledge, and then to protect it from unwanted disclosure. A rival firm invests to ferret out this knowledge. Trade secrets law affects this "secrecy contest" by...