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Choi, Jay Pil - 2015

This paper develops a model of patent trolls to understand various litigation strategies employed by nonpracticing entities (NPE). We show that when a NPE faces multiple potential infringers who use related technologies, it can gain a credible threat to litigate even when it has no such...

Persistent link: https://www.econbiz.de/10013013083

Patent Pools, Litigation and Innovation

Choi, Jay Pil; Gerlach, Heiko A. - 2021

This paper analyzes patent pools and their effects on innovation incentives. It is shown that the pro …-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … patents reduce social welfare as they charge higher licensing fees and chill subsequent innovation incentives …

Persistent link: https://www.econbiz.de/10013315713

Preferences, Rent Destruction and Multilateral Liberalisation : The Building Block Effect of CUSFTA

Ketterer, Tobias - 2012

If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can...

Persistent link: https://www.econbiz.de/10013098332

Ex Post Information Rents in Sequential Screening

Krahmer, Daniel - 2014

We study ex post information rents in sequential screening models where the agent receives private ex ante and ex post information. The principal has to pay ex post information rents for preventing the agent to coordinate lies about his ex ante and ex post information. When the agent's ex ante...

Persistent link: https://www.econbiz.de/10013054499

Moderating Political Extremism : Single Round vs. Runoff Elections under Plurality Rule

Bordignon, Massimo - 2009

We compare single ballot vs dual ballot elections under plurality rule, assuming sincere voting and allowing for partly endogenous party formation. Under the dual ballot, the number of parties is larger but the influence of extremist voters on equilibrium policy is smaller, because their...

Persistent link: https://www.econbiz.de/10012763997

More than Thirty Years of Ultimatum Bargaining Experiments : Motives, Variations, and a Survey of the Recent Literature

Güth, Werner; Kocher, Martin G. - 2021

Take-it or leave-it offers are probably as old as mankind. Our objective here is, first, to provide a, probably subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we discuss important extensions of the standard...

Persistent link: https://www.econbiz.de/10013315721

The Fatter the Tail, the Fatter the Climate Agreement - Simulating the Influence of Fat Tails in Climate Change Damages on the Success of International Climate Negotiations

Dekker, Thijs; Dellink, Rob; Ketterer, Janina - 2021

International climate negotiations take place in a setting where uncertainties regarding the impacts of climate change …

Persistent link: https://www.econbiz.de/10013315816

Potentially Harmful International Cooperation on Global Public Good Provision

Buchholz, Wolfgang; Cornes, Richard C.; Rübbelke, Dirk … - 2021

Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead …

Persistent link: https://www.econbiz.de/10013315882

What Do the Fama-French Factors Add to C-CAPM?

Abhakorn, Pongrapeeporn - 2013

This study extends standard C-CAPM by including two additional factors related to firm size (SMB) and book-to-market value ratio (HML) – the Fama-French factors. CCAPM is least able to price firms with low book-to-market ratios. The explanation of these returns, as well as the returns on the...

Persistent link: https://www.econbiz.de/10013082959

Explaining the Size Differences of Exporter Productivity Premia : Theory and Evidence

Geishecker, Ingo - 2014

Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to …

Persistent link: https://www.econbiz.de/10013057657

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