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Variation in State Response to Open Access : Constituent Characteristics
Libecap, Gary D. - National Bureau of Economic Research - 2024
Open access, competitive exploitation can be incredibly damaging to valuable resources and the human populations that depend upon them. Even though wealth, resource rents and stocks are at stake, open access often seems to be ineffectively addressed across time and space. Institutions vary....
Persistent link: https://www.econbiz.de/10014468221
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Bankruptcy Exemption of Repo Markets : Too Much Today for Too Little Tomorrow?
Acharya, Viral V.; Anshuman, V. Ravi; Viswanathan, S. - National Bureau of Economic Research - 2024
We examine the desirability of granting "safe harbor" provisions to creditors of financial intermediaries in sale-and-repurchase (repo) contracts. Exemption from an automatic stay in bankruptcy enables financial intermediaries to raise greater liquidity and induces entry of intermediaries with...
Persistent link: https://www.econbiz.de/10014468227
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Divorce and Property Division Laws Shape Human Capital Investment
Blair, Peter Q.; Neilson, Elijah - National Bureau of Economic Research - 2023
In theory, unilateral divorce laws alter the private incentive to invest in human capital by permitting either spouse to initiate the division of the marital assets. Using several causal research designs we show that both men and women are less likely to attain a bachelor's degree in states with...
Persistent link: https://www.econbiz.de/10014337779
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Williamson and Coase : Transaction Costs or Rent-Seeking in the Formation of Institutions
Libecap, Gary D. - National Bureau of Economic Research - 2024
The governance and transaction cost insights of Oliver Williamson (1975, 1985, 1996, 2010) and Ronald Coase (1937, 1992) have framed antitrust polices and firm management strategies. Transaction cost economics explain efficient governance adaptation. With a focus on private efficiency gains...
Persistent link: https://www.econbiz.de/10014576632
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The Impact of University Patent Ownership on Innovation and Commercialization
Wang, Jun; Qian, Yi - National Bureau of Economic Research - 2023
This paper contributes to the literature on innovation policies and institutional theory on conditions for effective institutional changes. The "three rights" reform of 26 universities and the mixed ownership reform of Southwest Jiaotong University are important explorations made by China in...
Persistent link: https://www.econbiz.de/10014247942
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Copyright Enforcement : Evidence from Two Field Experiments
Luo, Hong - 2016
changes in price and communication using a new, extensive dataset of copyright infringement incidences by firms. The data …
Persistent link: https://www.econbiz.de/10012456592
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Dead Poet's Property - How Does Copyright Influence Price?
Li, Xing - 2015
This article exploits a differential increase in copyright under the UK Copyright Act of 1814 - in favor of books by … in copyright length. By comparison, placebo regressions for books by dead authors that did not benefit from the extension …
Persistent link: https://www.econbiz.de/10012457146
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Lost in the Clouds : The Impact of Changing Property Rights on Investment in Cloud Computing Ventures
Lerner, Josh - 2015
Our analysis seeks to understand the impact of changing allocations of property rights on investment in new firms. We focus on the Cartoon Network, et al. v. Cablevision decision in the U.S., which narrowed the protection enjoyed by content creators (e.g., movie studios) and gave greater rights...
Persistent link: https://www.econbiz.de/10012457526
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Remix Rights and Negotiations Over the Use of Copy-Protected Works
Gans, Joshua S. - 2014
, traditional copyright protection where the original content creators can block any use of their content provides more incentives … for content creators and also more remixing than no copyright protection. This is because that regime incentivises … traditional copyright protection in some instances by mitigating potential hold-up of follow-on creators by original content …
Persistent link: https://www.econbiz.de/10012458303
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The Nature and Incidence of Software Piracy : Evidence from Windows
Athey, Susan - 2013
This paper evaluates the nature, relative incidence and drivers of software piracy. In contrast to prior studies, we analyze data that allows us to measure piracy for a specific product - Windows 7 - which was associated with a significant level of private sector investment. Using anonymized...
Persistent link: https://www.econbiz.de/10012458908