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Persistent link: https://www.econbiz.de/10010604844
A funeral is a costly occasion. This paper studies indigenous insurance institutions developed to cope with the high …-defined rules and regulations, often offering premium-based insurance for funeral expenses. Increasingly, they are also offering … other forms of insurance and credit to cope with hardship. The paper argues that the characteristics and inclusiveness of …
Persistent link: https://www.econbiz.de/10010604840
This paper analyses collusion-proof multilateral insurance contracts between a risk neutral insurer and multiple risk …-group has incurred a large enough aggregate loss.  We interpret our models as providing support for insurance contracts between … insurance providers, such as microinsurers or governments, and groups of individuals who have access to cheap information about …
Persistent link: https://www.econbiz.de/10009318139
This is a preliminary draft of an Invited Symposium paper for the World Congress of the Econometric Society to be held in Seattle in August 2000. We discuss the strong connections between auction theory and standard economic theory, and argue that auction-theoretic tools and intuitions can...
Persistent link: https://www.econbiz.de/10010605125
This paper surveys empirical studies employing trade mark data that exist in the economic literature to date.  Section 1) documents the use of trade marks by firms in several advanced countries including Australia, the United Kingdom and the United States, 2) reviews different attempts to gauge...
Persistent link: https://www.econbiz.de/10011004369
This paper builds a dynamic stochastic general equilibrium (DSGE) model of endogenous growth that is capable of generating substantial degrees of endogenous persistence in productivity.  When products go out of patent protection, the rush of entry into their production destroys incentives for...
Persistent link: https://www.econbiz.de/10008725684
This introductory article reviews the main themes relating to the development of new knowledge-based economies. After placing their emergence in historical perspective and proposing a theoretical framework which distinguishes knowledge from information, the authors characterize the specific...
Persistent link: https://www.econbiz.de/10010605200
This paper examines the patenting behavior of firms in an industry characterized by rapid technological change and cumulative innovation. Recent survey evidence suggests that semiconductor firms do not rely heavily on patents to appropriate the returns to R&D, despite the strengthening of US...
Persistent link: https://www.econbiz.de/10010605256
We construct a unique panel dataset to examine how R&D and intellectual property (IP), via patents and trade marks, increase firm productivity. Knowledge has public good characteristics of non-depletability and non-excludability. Even with IP, imitation and inventing around other firm`s products...
Persistent link: https://www.econbiz.de/10004977847
This paper explores whether the patent law and intellectual property rights (IPR) system have resulted in innovation in China during the reform period. It appears that the patent laws have produced a stock of patents, where the success rates of patent applications are fairly uniform across the...
Persistent link: https://www.econbiz.de/10004977872