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A price theory of vertical and lateral integration

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Standard-Essential Patents

Lerner, Josh - 2015

A major policy issue in standard setting is that patents that are ex-ante not that important may, by being included into the standard, become standard-essential patents (SEPs). In an attempt to curb the monopoly power that they create, most standard-setting organizations require the owners of...

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Missed sales and the pricing of ancillary goods

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Imperfect labour contracts and international trade

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Outsourcing in a global economy

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Imperfect Labor Contracts and International Trade

Grossman, Gene M. - 2021

where individuals can work alone. When workers' abilities are private information and workers cannot verify the value of … output or the level of a firm's profits, feasible labor contracts fail to generate efficient matching of workers within teams …

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