seller competition and limited consumer information. Fair behavior in the market is slightly lower than that measured in …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … find evidence that high-quality inventions are sold under preemptive bidding competition. Asymmetric information problems …

Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In … practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to … make up for this neglect by scrutinizing in what direction industry characteristics influence optimal patent strength. It …

&D investment, and derive predictions on the effects of trust and competition on suppliers’ investment and buyers’ procurement … - but also with more competitive procurement: trust and rents from reduced supplier competition in the procurement process … emerge as substitutes both in theory and in the data. …

In this paper, we study a two-country dynamic setup with environmental externalities and potential model …

demand by reducing negative externalities. We apply the framework to the database of Kee et al. (2009) and derive ad valorem …