The issue of innovation in developing nations and the role in IP in supporting it is of late of significant interest. But what is the effect of systemic disregard for IP rights on the global innovation system. Does it spur more innovation or less? Robert Atkinson will discuss how a larger share...

We study the following game: each agent i chooses a lottery over nonnegative numbers whose expectation is equal to his budget b_i. The agent with the highest realized outcome wins (and agents only care about winning). This game is motivated by various real-world settings where agents each choose...