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We extend theory on private–collective innovation by studying the role of exclusion rights for technology in the competition between private–collective and other innovators. We argue that private–collective innovators both pledge their own and invest in orphan exclusion rights for...
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We investigate how often replication studies are published in empirical economics and what types of journal articles are replicated. We find that between 1974 and 2014 0.1% of publications in the top 50 economics journals were replication studies. We consider the results of published formal...
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In the presence of asymmetric information, economic agents need to communicate their quality to investors and other parties. While much of the literature focuses exclusively on signaling, we develop a conceptual framework that extends this view with elements of the literature on certification....
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