Study on the desirability of EC level legislation in the area of software patents. It is based on a comparative analysis of the present state of the law, and the advantages and disadvantages appearing from current practice in the EC Member States, the United States and Japan. While its principal...

This study has been carried out at the request of the EGE for the preparation of Opinion n°16 "Ethical aspects of patenting inventions involving human stem cell" , 12 January 2002

This is a report on aspects of the interface between competition law and patent law. Competition authorities have long been aware of the potentially difficult relationship between these two bodies of Law. At the level of the EU, this relationship has already been abundantly discussed in both the...

This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...

Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...