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 …

&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 …

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 …

This paper investigates the choice of an intellectual protection regime for a process innovation. We set up a multi …-stage model in which choosing between patent and trade secrecy is affected by three parameters : the patent strength defined as … the probability that the right is upheld by the court, the cost of imitating a patented innovation relative to the cost of …

This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …

of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …

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