We extend Kamlen and Tauman's (1986) analysis of the value of a patent by allowing the inventor to use licencing contracts that specify a fixed fee plus a royalty.

This paper addresses the question of whether R&D should be carried out by an independent research unit to be produced in-house by the firm marketing the innovation.

This paper develops a bargaining model of wage and employment determination for the public sector. The solution to the model generates structural wage and employment equations that are estimated using data from New York State teacher-school district collective bargaining agreements.