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, consumption, physical and environmental investment, trading of emissions rights (quantity and price). The results show that … negatively affected by its presence as predicted by the theory (e.g. Clarke and Reed 1994; Tsur and Zemel 1996; and Bosello and …
Persistent link: https://www.econbiz.de/10014124481
. A patent-investment race model is formulated in which innovative firms bargain and reach collusive agreements. It is … shown that, while collusion always delays innovation, it does not necessarily delay competition. Depending on a number of …
Persistent link: https://www.econbiz.de/10013290215
Most patent pools are formed in the shadow of patent litigation as an attempt to settle disputes in regard to … incentives to form a patent pool or engage in cross-licensing arrangements in the presence of uncertainty as to the validity and … incentives. Antitrust implications of patent pools are considered. The effects of patent pools on third party incentives to …
Persistent link: https://www.econbiz.de/10013319657
This paper considers settlement negotiations between a single defendant and N plaintiffs when there are Fixed costs of litigation. When making simultaneous take-it-or-leave-it offers to the plaintiffs, the defendant adopts a divide and conquer strategy. Plaintiffs settle their claims for less...
Persistent link: https://www.econbiz.de/10014224717
Followers of law, politics and business commonly relate stories of individuals who appear to predict an expected self-performance level below what they believe likely. Candidates, attorneys and firms sometimes seem to under-predict their own capacities. Insofar as individuals typically construct...
Persistent link: https://www.econbiz.de/10014047090
Commerce depends on buyers and sellers fulfilling their contractual obligations; mechanisms inducing such performance are essential to well functioning markets. Internet-enabled reputation mechanisms that collect and disseminate consumer feedback have emerged as prominent means for inducing...
Persistent link: https://www.econbiz.de/10014031063
which technology transfer occurs. This presence could be in the form of foreign direct investment (FDI), licensing, or …
Persistent link: https://www.econbiz.de/10009719362
which technology transfer occurs. This presence could be in the form of foreign direct investment (FDI), licensing, or …
Persistent link: https://www.econbiz.de/10013098147
We develop a general equilibrium model with heterogeneous firms à la Melitz (2003), where both the government and firms can invest into R&D to improve the country’s technological potential. A higher technological potential raises the average productivity of firms, thus implying lower consumer...
Persistent link: https://www.econbiz.de/10010357830
government provide incentives for innovation in a fiscally sustainable way? We address this question by examining the Ramsey … problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …. We characterize the shadow value of growth and entry in the innovation sector. We find that a profit tax is required to …
Persistent link: https://www.econbiz.de/10011771604