This paper proposes a theoretical framework for studying the invention of new products when demand is uncertain. In … this framework, under general conditions, the threat of ex post entry by a competitor can deter invention ex ante … operating system monopolist, by its mere presence, can deter the invention of complements, to its own detriment as well as that …

Patent citation data are used in a growing body of economics and business research on technological diffusion. Research … diffusing outward from the patenting entity. Until now, there exists little evidence on whether or not patent citations are a … good measure of knowledge flows. Our paper assesses the legitimacy of using European patent citations as a measure of …

issue, we build a model in which the value of an innovation depends both on the type of innovation implemented (product …, process) and on the existence of a patent protection or not. We obtain a three-equation model that links the values of product … and process innovations to the value of patent protection. This model and the feature of the data imply the estimation of …

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in … Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries … gambling, it remains unclear whether problem gambling and its impacts have moderated. There is a need for more research on the …

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in … Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries … gambling, it remains unclear whether problem gambling and its impacts have moderated. There is a need for more research on the …

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in … Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries … gambling, it remains unclear whether problem gambling and its impacts have moderated. There is a need for more research on the …

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in … Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries … gambling, it remains unclear whether problem gambling and its impacts have moderated. There is a need for more research on the …

Casino gambling is a social issue, because in addition to the direct benefits to those who own and use casinos … externalities generated by casinos. Lastly, it corrects many prevalent errors in the debate over the economics of casino gambling. …