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Damages and Injunctions in the Protection of Proprietary Research Tools
Schankerman, Mark - 1999
Profit on proprietary research tools is determined partly by the remedies for infringement, such as damages and … injunctions. We investigate how damages under a liability rule and the opportunity for injunctions under a property rule can … affect the incentives to develop research tools. We show that the prevailing legal doctrine of damages under liability rule …
Persistent link: https://www.econbiz.de/10012471710
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The Effect of Stock Ownership on Individual Spending and Loyalty
Medina, Paolina C.; Mittal, Vrinda; Pagel, Michaela - National Bureau of Economic Research - 2021
In this study, we quantify the effects of receiving stocks from certain brands on spending in the brand's stores. We use data from a new FinTech company called Bumped that opens brokerage accounts for its users and rewards them with stocks when they shop at previously elected stores. For...
Persistent link: https://www.econbiz.de/10012482694
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Consumption Responses to In-Kind Transfers : Evidence from the Introduction of the Food Stamp Program
Hoynes, Hilary W. - 2007
Economists have strong theoretical predictions about how in-kind transfer programs -- such as providing vouchers for food -- impact consumption. Despite the prominence of the theory, there has been little empirical work documenting actual responses to in-kind transfers. In this work, we leverage...
Persistent link: https://www.econbiz.de/10012465630
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A Damage-Revelation Rationale for Coupon Remedies
Polinsky, A. Mitchell - 2005
This article studies optimal remedies in a setting in which damages vary among plaintiffs and are difficult to determine. We show that giving plaintiffs a choice between cash and coupons to purchase units of the defendant's product at a discount -- a "coupon-cash remedy" -- is superior to cash...
Persistent link: https://www.econbiz.de/10012467458
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Remedies for Price Overcharges : The Deadweight Loss of Coupons and Discounts
Polinsky, A. Mitchell - 2003
This article evaluates two different remedies for consumers who have been injured by a price overcharge on the sale of a good. Under a coupon remedy, injured consumers are awarded coupons that can be used for a limited period of time to purchase the good at a price below that which prevails...
Persistent link: https://www.econbiz.de/10012468532
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Prices and Coupons for Breakfast Cereals
Nevo, Aviv - 1999
This paper explores the relationship between shelf prices and manufacturers' coupons for 25 ready-to-eat breakfast cereals. Contrary to the predictions of static monopoly price discrimination, we find the shelf prices for a particular brand in a particular city are generally lower during periods...
Persistent link: https://www.econbiz.de/10012471875
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Competitive Price Targeting with Smartphone Coupons
Dubé, Jean-Pierre H. - 2016
We conduct a large-scale field experiment to study competitive price discrimination in a duopoly market with two rival movie theaters. The firms use mobile targeting to offer different prices based on location and past consumer activity. A novel feature of our experiment is that we test a range...
Persistent link: https://www.econbiz.de/10012456607
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Do Firms Use Coupons and In-store Discounts to Strategically Market Experience Goods Over the Consumption Life-Cycle? The Case of Cigarettes
Sfekas, Andrew - 2013
Cigarettes are experience goods - most of their utility value only gets revealed when one consumes them. We hypothesize a three phase consumer life cycle for experience goods. Consumers initially do not know their utility from the good or their preferences for particular characteristics, and may...
Persistent link: https://www.econbiz.de/10012459352
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Nominal Income Targeting in an Open-Economy Optimizing Model
McCallum, Bennett T. - 2000
This paper presents stochastic simulation results pertaining to the performance of nominal income targeting, here represented as a monetary policy rule that sets quarterly values of an interest rate instrument in response to deviations on existing studies of nominal income growth from a...
Persistent link: https://www.econbiz.de/10012471031
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Preserving the Ocean Circulation : Implications for Climate Policy
Keller, Klaus - 2000
Climate modelers have recognized the possibility of abrupt climate changes caused by a reorganization of the North Atlantic's current pattern (technically known as a thermohaline circulation collapse). This circulation system now warms north-western Europe and transports carbon dioxide to the...
Persistent link: https://www.econbiz.de/10012471300