The accuracy of monopoly power measures derived from case study econometric models has been questioned recently by Hyde and Perloff (1995) and Boyer (1996). Using the standard industry-form of that model, Hyde and Perloff show that the parameter estimates associated with monopoly power are...

Once a patent is found to have been infringed the law generally entitles the patentholder to monetary losses suffered as the result of the illegal conduct. It is shown here that there are important differences between the losses awarded under U.S. case law and those that economic models of...