We endogenize product design in a model of sequential search with random firm-consumer match value à la Wolinsky (Quart J Econ 96:493–511, <CitationRef CitationID="CR21">1986</CitationRef>) and Anderson and Renault (RAND J Econ 30:719–735, <CitationRef CitationID="CR1">1999</CitationRef>). We focus on a product design choice by which a firm can control the dispersion of...</citationref></citationref>

We endogenize product differentiation in a model of sequential search with random firm-consumer match value à la Wolinsky (1986) and Anderson and Renault (1999). We focus on a product design choice by which a firm can control the dispersion of consumer valuations for its product; we interpret...

The paper formalizes the observation that submarkets for high-quality and low-quality variants are markedly different from each other. We study a simple model where variants of low quality cannot be horizontally differentiated, whereas customers disagree about the value of variants in the...

In his book on 'Market Microstructure' Spulber presented some strange results with respect to the impact of the substitutability parameter in an intermediation model with differentiated products and inputs. Intuitively, effects in the product and the input market should be similar: if firms...

The application of consumer law to digital content contracts encounters a number of obstacles. Some of these are rather typical for digital content markets, e.g., the legal consequences of the classification of digital content as “goods” or “services” and, more importantly, the absence...

Online copyright infringement is one of the toughest challenges the content industry has faced in the twenty first century. Article 8(3) of the Information Society Directive, implemented under section 97A of the UK Copyright, Designs and Patents Act, 1988, provides an injunctive remedy in...

The Constitution of the United States empowers the Congress to pass copyright laws to promote knowledge creation in the society and more specifically scientific knowledge. Many interesting economic studies have been conducted on copyright law, but very little research has been done to study the...

The history of the occupations “author” and “photographer” provides an insightful perspective on copyright and creativity. The concept of the romantic author, associated with personal creative genius, gained prominence in the eighteenth century. However, in the U.S. in 1900 only about...

This article examines a series of controversies within the life sciences over data sharing. Part 1 focuses upon the agricultural biotechnology firm Syngenta publishing data on the rice genome in the journal Science, and considers proposals to reform scientific publishing and funding to encourage...

В представленной работе исследуются вопросы ограничения авторских прав на произведения, содержания которых противоречит публичному порядку государства. Автор...