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Cremers, Katrin - 2013

We compare patent litigation cases across four European jurisdictions – Germany, France, the Netherlands, and the UK – covering cases filed during the period 2000-2008. For our analysis, we assemble a new dataset that contains detailed information at the case, litigant, and patent level for...

Persistent link: https://www.econbiz.de/10013075267

Determinants of the Duration of European Appellate Court Proceedings in Cartel Cases

Smuda, Florian - 2014

The duration of appellate court proceedings is an important determinant of the efficiency of a court system. We use data of 234 firm groups that participated in 63 cartels convicted by the European Commission between 2000 and 2012 to investigate the determinants of the duration of the subsequent...

Persistent link: https://www.econbiz.de/10013047790

Reducing Deforestation and Trading Emissions : Economic Implications for the Post-Kyoto Carbon Market

Anger, Niels - 2014

This paper quantitatively assesses the economic implications of crediting carbon abatement from reduced deforestation for the emissions market in 2020 by linking a numerical equilibrium model of the global carbon market with a dynamic partial equilibrium model of the forestry sector. We find...

Persistent link: https://www.econbiz.de/10012709013

Expected Utility Theory and the Tyranny of Catastrophic Risks

Buchholz, Wolfgang - 2010

Expected Utility theory is not only applied to individual choices but also to ethical decisions, e.g. in cost … EU theory is able to deal with "catastrophic risks," i.e. risks of high, but very unlikely losses, in an ethically … appealing way. In this paper we show that this is not the case. Rather, if in the framework of EU theory a plausible level of …

Persistent link: https://www.econbiz.de/10013138303

Returns to Education and Individual Heterogeneity

Maier, Michael F.; Pfeiffer, Friedhelm; Pohlmeier, Winfried - 2008

In this paper, human capital investments are evaluated by assuming heterogeneous returns to education. We use the potential outcome approach to measure the causal effect of human capital investments on earnings as a continuous treatment effect. Empirical evidence is based on a sample of West...

Persistent link: https://www.econbiz.de/10014071301

The Generalized Roy Model and the Cost-Benefit Analysis of Social Programs

Eisenhauer, Philipp - 2014

The literature on treatment effects focuses on gross benefits from program participation. We extend this literature by developing conditions under which it is possible to identify parameters measuring the cost and net surplus from program participation. Using the generalized Roy model, we...

Persistent link: https://www.econbiz.de/10013044659

Strategic Delegation and International Permit Markets : Why Linking May Fail

Habla, Wolfgang - 2017

We analyse a principal-agent relationship in the context of international climate policy. Principals in two countries first decide whether to merge domestic emission permit markets to an international market, then delegate the domestic permit supply to an agent. We find that principals select...

Persistent link: https://www.econbiz.de/10012952128

Dynamic R&D Incentives with Network Externalities

Cerquera, Daniel - 2012

This paper studies the incentives to undertake uncertain Ramp;D initiatives in a dynamic duopoly network industry. It is shown that network externalities positively affect the incentives to invest in Ramp;D. In the model, competition resembles a preemption race and, therefore, market performance...

Persistent link: https://www.econbiz.de/10012713133

Backwards Integration and Strategic Delegation

Hunold, Matthias; Röller, Lars-Hendrik; Stahl, Konrad - 2012

We analyze the effects of downstream firms’ acquisition of pure cash flow rights in an efficient upstream supplier when all firms compete in prices. With an acquisition, downstream firms internalize the effects of their actions on their rivals’ sales. Double marginalization is enhanced....

Persistent link: https://www.econbiz.de/10014171488

Groundwork for Social-Ecological Transformations : The Social Contract, Global Governance and the Meaning of Time

Manstetten, Reiner; Kuhlmann, Andreas; Faber, Malte; … - 2021

A decade ago, the German Advisory Council to the Federal Government on Global Environmental Change (Wissenschaftlichen Beirats der Bundesregierung für Globale Umweltveränderungen–WBGU) published its main report. This attempt to take stock in 2011 made an impact and provided orientation on...

Persistent link: https://www.econbiz.de/10013226765