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This paper presents the results of an empirical test concerning the auction model of Gilbert and Newbery (1982). The study uses data on German companies in order to analyze expenditures for technology licenses. Aside of standard control variables the motives for innovation expenditures are also...
Persistent link: https://www.econbiz.de/10002822031
We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to pay almost Euro 20 billion for nothing.
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This paper estimates the effects of temporary driver's license suspensions on driving behavior. A little known rule in … should have their license suspended for one month. My regression discontinuity design exploits the quasi-random assignment of … license suspensions caused by the 365-days cut-off and shows that 1-month license suspensions lower the probability of …
Persistent link: https://www.econbiz.de/10011641567
Standards often require the use of patented technologies. Holders of standard-essential patents (SEPs) typically commit to make their patents available on "fair, reasonable and non-discriminatory" (FRAND) terms. National competition authorities increasingly intervene against perceived FRAND...
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Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in business operations on bribe solicitations. Contestability undermines bureaucratic rent-seeking potential and this paper tries to capture this empirically using cross-country...
Persistent link: https://www.econbiz.de/10011822610
that manufacturing firms with own R&D capabilities were more likely to license foreign technologies, as were larger firms …, related to capital costs and to overall monetary policy, induced firms to license technology from abroad. Finally, some …
Persistent link: https://www.econbiz.de/10011789274