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Choi, Jay Pil; Gerlach, Heiko - CESifo - 2013

This paper analyzes patent pools and their effects on innovation incentives. It is shown that the pro …-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … case, the licensing fees reflect the strength of patents. Patent pools of complementary patents can be used to discourage …

Persistent link: https://www.econbiz.de/10010701092

The Impact of Entry Regulation on Total Welfare: A Policy Experiment

Liu, An-Hsiang; Siebert, Ralph; Zulehner, Christine - CESifo - 2013

This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...

Persistent link: https://www.econbiz.de/10010670793

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - CESifo - 2013

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

Persistent link: https://www.econbiz.de/10010877893

Business Decision-Making under Uncertainty: Evidence from Employment and Number of Businesses

Ghosal, Vivek; Ye, Yang - CESifo - 2013

Using the framework provided by the asymmetric-information and real-options theories, we examine the impact of uncertainty on firms’ decisions and market outcomes. We construct alternative measures of uncertainty based on survey of professional forecasters and our estimation of...

Persistent link: https://www.econbiz.de/10010674454

Uncertainty and the Employment Dynamics of Small and Large Businesses

Ghosal, Vivek; Ye, Yang - CESifo - 2014

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regression-based forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate...

Persistent link: https://www.econbiz.de/10010960647

Sports League Expansion and Economic Efficiency: Monopoly Can Enhance Consumer Welfare

Kahn, Lawrence - CESifo - 2003

This paper studies optimal sport league size. League expansion lowers average player quality, reducing fans’ utility in inframarginal locations, while fan utility in new locations rises. Welfare analyses of such expansions must compare these two effects. Using a model where fan demand depends...

Persistent link: https://www.econbiz.de/10005181334

A Treatment Effect Method for Merger Analysis with an Application to Parking Prices in Paris

Choné, Philippe; Linnemer, Laurent - CESifo - 2010

Most retrospective merger studies resort to the treatment effect approach, comparing the price dynamics in a treatment group and in a control group. We propose a systematic method to construct the groups, which applies to any industry with spatial competition. The method is consistent with the...

Persistent link: https://www.econbiz.de/10008799729

Singin' in the Rain: A Study of Social Pressure on the Soccer Field

Priks, Mikael - CESifo - 2013

Although social pressure may affect the behavior of individuals, it is very hard to evaluate empirically. A soccer field is an attractive testing ground in the sense that both performance and social pressure by spectators are measurable. The drawback is that the number of spectators is an...

Persistent link: https://www.econbiz.de/10010718531

Attention Economies

Falkinger, Josef - CESifo - 2003

competing companies (senders) with their radiation technologies. The endogenous variables explained by the theory are …

Persistent link: https://www.econbiz.de/10005406141

Asymmetric Neutrality Regulation and Innovation at the Edges: Fixed vs. Mobile Networks

Choi, Jay Pil; Jeon, Doh-Shin; Kim, Byung-Cheol - CESifo - 2014

We study how net neutrality regulations affect a high-bandwidth content provider’s (CP) investment incentives in quality of services (QoS). We find that the effects crucially depend on network capacity levels. With limited capacity, as in mobile networks, prioritized delivery services are...

Persistent link: https://www.econbiz.de/10010948849

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