This paper addresses the ongoing debate over disclosing information about software vulnerabilities through an open forum. Using a game-theoretic approach, we show that full pbulic disclosure may be an equilibrium strategy in a game played by rational loss-minimizing agents. We provide conditions...

Innovation is a scarce resource--in order for innovation to occur, a country must forgo something else. In the international trade literature, the sacrifice is usually in terms of inputs that could have been used in production. However, to imply that innovation depends on productive resources...

This dissertation explores the influences of minimum quality standards and of the threat of entry in a vertical product differentiation model. In the first chapter, I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in...

One of the subjects under discussion at the Uruguay Round for the last 4 years has been the introduction of strengthened protection of intellectual property rights (IPR's) in underdeveloped countries. This issue has polarized countries into the rich, Northern countries who undertake R&D and...

CHAPTER 1: The Great Russian Devaluation and Labor DemandDoes a greater degree of integration into world markets lead to a more elastic demand for labor? Often referred to as the Rodrik hypothesis, this question, despite being important from both theoretical and applied policy standpoints, is...

The first chapter, Trasferability of Migration Licenses and the Distribution of Potential Rents,compares the effects of migration restrictions using licenses which are freelytraded to those that occur when licenses are allocated tofirms who are not permitted to trade them. Both domestic and...

CHAPTER 1 (with Joris Pinkse, Margaret Slade, and John Van Reenen): Spillovers in Space: Does Geography Matter?We simultaneously assess the contributions to productivity of three sources of research and development spillovers: geographic, technology and product--market proximity. To do this, we...

CHAPTER 1: Income Distribution, Market Structure, and Individual WelfareThis essay proposes a new insight on how income distribution influences market structure and affects the economic well-being of different groups. It shows that inequality may be good for the poor via a trickle-down effect...

CHAPTER 1: Productivity Improvements and Falling Trade Costs: Boon or Bane?This essay looks at two features of globalization, namely, productivity improvements and falling trade costs, and explores their effect on welfare in a monopolistic competition model with heterogeneous firms and...

CHAPTER 1: Immiserizing Deindustrialization: A Dynamic Trade Model with Credit ConstraintsIn this essay I develop an open economy dynamic model with bequests and credit constraints. The agricultural sector uses only labor, the industrial sector needs an indivisible investment. Under autarky,...