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innovation. Innovation changes the status quo pay-off, and thereby affects the distribution of the gains from collusion. The … resulting innovation incentive is strictly smaller than in the competitive case. …
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Policymakers all over the world claim: no innovation without protection. For more than a century, critics have objected …. It is possible to model innovation as a prisoner's dilemma between potential innovators, and to interpret intellectual …
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Policymakers all over the world claim: no innovation without protection. For more than a century, critics have objected …. It is possible to model innovation as a prisoner's dilemma between potential innovators, and to interpret intellectual …
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