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We analyze the spatial distribution of genetically modified (GM) and organic crops. Because some organic crops will likely be contaminated by GM crops, not all of the non-GM crops can be sold as organic. Therefore, the choice of producing organic crops will depend on the surrounding crops. When...
Persistent link: https://www.econbiz.de/10009194106
Patent examiners, who are often accused of granting questionable patents, might lack proper incentives to carefully scrutinize applications. Furthermore, they have outside options and leave the patent office. It is thus interesting to investigate whether their granting behavior is affected by...
Persistent link: https://www.econbiz.de/10005006786
We examine the strategic non-revelation of information by patent applicants. In a model of a bilateral search of information, we show that patent applicants may conceal information, and that examiners make their screening intensity contingent upon the received information. We then analyze the...
Persistent link: https://www.econbiz.de/10005006787