The rise of blockbuster pharmaceutical acquisitions has prompted fears that unprecedented market concentration will weaken competition. Two of the most prominent concerns focus on the upstream and downstream ends of the pharmaceutical industry: (1) the concern that these mergers will concentrate...

We investigate the idea that firms' choices of M&A evaluation methods are influenced by two socio-political factors that arise in the behavioral theory of the firm-uncertainty and controversy. In doing so, we investigate boundary conditions between arguments that expect firms to use financial...

Technological search studies argue that problems trigger search, but we lack understanding of which features of a problem associate with a critical search activity: search breadth. This paper considers how different problem sources—proximate versus remote problem sources—relate to...

This paper models the early dynamics of insurgency using an agent-based computer simulation of civilians, insurgents, and soldiers. In the simulation, insurgents choose to attack government forces, which then strike back. Such government counterattacks may result in the capture or killing of...

In this essay, five business law professors with specialties in five different doctrinal areas analyze Justice Sonia Sotomayor’s jurisprudence in those areas and consider the implications of her appointment to the Supreme Court. Each of the areas, intellectual property, antitrust, securities,...

Software patents not only do no promote innovation, they instead reduce it. The U.S. Executive branch has recommended against recognizing software patents, and the Supreme Court has never rejected a test (its physical-transformation test) that would invalidate pure business method and software...