Piracy costs billions of dollars annually according to the branch organizations that represent industries most vulnerable to copyright infringements. However, copyright law and its enforcement appear to be insufficient to stop piracy. The goal of this analysis is to create a framework to...

The Broad Institute's recent licensing of its gene editing patent portfolio demonstrates how licenses can be used to restrict controversial applications of emerging technologies while society deliberates their implications

Literature in economics and psychology on moral behaviour explores the contexts in which people act in ways that are consistent or inconsistent with their past actions. Such inconsistencies appear to violate economists' assumption of rational consumer behaviour. In this note we show that a...

Using data on all FCC auctions of spectrum related to cellular services from 1997 to 2015 we attempt to identify intrinsic spectrum values from winning auction bids. Our analysis includes 15 auctions and close to 7,200 observations. We add two components to previous literature on this topic....

This paper gives an account of events, and explains some systematic reasons of the UMTS auction flop in Switzerland. Apart from general market developments, which could not have been anticipated, we argue that auctiondesign which was introduced in England and adopted in Switzerland and elsewhere...

The purpose of this paper is to present a case study of Canada's 700 MHz spectrum auction, which took place at the beginning of 2014. The auction format adopted by the Canadian regulator was the Combinatorial Clock Auction (CCA). In Section 1, we review the band plan for Canada's 700 MHz...

The Combinatorial Clock Auction is a two-stage auction format, which has been used to sell spectrum licenses worldwide in the recent years. It draws on a number of elegant ideas inspired by economic theory. A revealed preference activity rule should provide incentives to bid straightforward,...