We test whether the binary lottery procedure makes subjects behave as if they are risk neutral in the Holt-Laury and … Eckel-Grossman tasks. Depending on the task we find that at most a third of subjects behave as if risk neutral. In fact …

. Biotechnology provides one of the best examples. In biotechnology cases, the Federal Circuit has repeatedly held that uncertainty in …. We fear, however, that the Federal Circuit has not applied that standard properly in biotechnology. The court has a … static perception of the field that was set in its initial analyses of biotechnology inventions, but which does not reflect …

One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects … of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international … trade rules. The book is divided into sections dealing with: accounting for risk in trade agreements; risk and the WTO …