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Non-comparative versus comparative advertising as a quality signal
Emons, Winand; Fluet, Claude - 2008
, consumers do not. Under non-comparative advertising a firm may signal its own quality. Under comparative advertising firms may … scenarios equilibria are revealing. Under comparative advertising the firms never advertise together which they may do under non …-comparative advertising. …
Persistent link: https://www.econbiz.de/10010316055
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Non-comparative versus comparative advertising as a quality signal
Emons, Winand; Fluet, Claude - 2008
-comparative advertising. -- advertising ; costly state falsification ; signalling …, consumers do not. Under non-comparative advertising a firm may signal its own quality. Under comparative advertising firms may … scenarios equilibria are revealing. Under comparative advertising the firms never advertise together which they may do under non …
Persistent link: https://www.econbiz.de/10003923372
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Adversarial versus inquisitorial testimony
Emons, Winand; Fluet, Claude - 2009
An arbiter can decide a case on the basis of his priors, or the two parties to the conflict may present further evidence. The parties may misrepresent evidence in their favor at a cost. At equilibrium the two parties never testify together. When the evidence is much in favor of one party, this...
Persistent link: https://www.econbiz.de/10010316067
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Signaling, Learning, and Screening Prior to Trial : Informational Implications of Preliminary Injunctions
Jeitschko, Thomas D. - 2012
Preliminary injunctions (PIs) are important in litigation in many settings, including antitrust, copyright, patent, trademark, employment and labor relations, and contracts. The filing of a PI and the court's ruling generate information that can impact settlement. We find that some plaintiffs...
Persistent link: https://www.econbiz.de/10013117008
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Injunctions against false advertising
Baumann, Florian; Rasch, Alexander - 2019
false advertising by a firm in duopolistic competition where consumers can be distinguished according to whether or not they … form rational beliefs about the trustworthiness of advertising claims. We compare private and public law enforcement in the … form of the demand for injunctions against false advertising. From a welfare perspective, we show that it can be optimal …
Persistent link: https://www.econbiz.de/10012012317
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Injunctions against false advertising
Baumann, Florian; Rasch, Alexander - 2019
false advertising by a firm in duopolistic competition where consumers can be distinguished according to whether or not they … form rational beliefs about the trustworthiness of advertising claims. We compare private and public law enforcement in the … form of the demand for injunctions against false advertising. From a welfare perspective, we show that it can be optimal …
Persistent link: https://www.econbiz.de/10012197740
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Discovery and Disclosure in a Signaling Model of Final Offer Arbitration
Farmer, Amy - 2019
We develop a signaling model of final offer arbitration (FOA) in which the informed party makes the final settlement demand to the uninformed party. In FOA, each party submits a proposal to an arbitrator and if no agreement is reached, the arbitrator must select one of the two submitted...
Persistent link: https://www.econbiz.de/10012868080
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Patent Screening, Innovation, and Welfare
Schankerman, Mark; Schuett, Florian - 2021
Critics claim that patent screening is ineffective, granting low-quality patents that impose unnecessary social costs. We develop an integrated framework, involving patent office examination, fees, and endogenous validity challenges in the courts, to study patent screening both theoretically and...
Persistent link: https://www.econbiz.de/10013226280
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Signaling in the ‘Before’ Model of Final Offer Arbitration
Farmer, Amy; Pecorino, Paul - 2021
We develop a signaling model of final offer arbitration (FOA) in which the informed party makes the final settlement demand to the uninformed party. In FOA, each party submits a proposal to an arbitrator and if no agreement is reached, the arbitrator must select one of the two submitted...
Persistent link: https://www.econbiz.de/10013246967
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A Signaling Model of a Lawyer with Private Information About Her Talent
Xiao, Jean - 2011
I examine the incentives and effort choices of lawyers that reflect their anticipation that those perceived as high-talent lawyers will be able to command higher fees in future contracts they are offered by the observers of their effort levels. The analysis employs three versions of a two-type...
Persistent link: https://www.econbiz.de/10014181829