I develop a stylized model of court procedures that resolve disputes concerning FRAND-encumbered standard essential patents (SEPs). I analyze the effects of injunctions and potential court-imposed FRAND rates on negotiated royalty rates. The SEP-holders' ability to hold-up is constrained by the...

Ein Standard stellt ein technisches Dokument dar, welches die Beschaffenheit, Leistung und Eigenschaften eines Produktes beschreibt. Er spezifiziert bspw. auch die Schnittstellen verschiedener Software in einem System, so dass eine Kompatibilität hergestellt wird (vgl. u.a. Cargill und Bolin,...

Business Process Reengineering is a practice that is done in every organization that is serious in business and ready to provide its customers with the best quality of service or product and also to mitigate risk in operations for both the employee and the organization. Several research has been...

We uncover technological standardization as a microeconomic mechanism which is vital for the implementation of new technologies, in particular general purpose technologies. The interdependencies of these technologies require common rules (“standardization”) to ensure compatibility. Using...

What are the macroeconomic consequences of changing aggregate lending standards in residential mortgage markets, as measured by loan-to-value (LTV) ratios? In a structural VAR, GDP and business investment increase following an expansionary LTV shock. Residential investment, by contrast, falls, a...