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This paper assesses the impact of adopting a post-grant review institution in the US patent system by comparing the … 'opposition careers' of European Patent Office (EPO) equivalents of litigated US patents to those of a control group of EPO … employing these different methods in our data analysis. We find that EPO equivalents of US litigated patent applications are …
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The efficiency of common law rules is central to achieving efficient resource allocation in a market economy. While many theories suggest reasons why judge-made law should tend toward efficient rules, the question whether the common law actually does converge in commercial areas has remained...
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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 quantitatively. In our model, some inventions require the patent …
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We compare the short-run welfare effects of two types of settlement agreements, quot;reverse paymentsquot; of the brand-name drug makers to generic producers not to enter the market and delayed entry when these payments are restricted both under the entry injunction (imposed by the Hatch-Waxman...
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The contributory infringement rule assesses liability to a third party that contributes to the infringement of a patent …
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I examine the circumstances under which a sophisticated time-inconsistent decisionmaker (i) will not or (ii) need not severely miscoordinate her behavior across time, in the sense of following a course of action which fails to be Pareto-optimal for the sequence of temporal selves of the...
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