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The static model of two sided markets proposed by Rochet and Tirole analyses optimal pricing of a monopolistic platform at the equilibrium point. Their framework implicitly assumes that for each prices set by the platform, the equilibrium number of users on each side will be unique. However,...
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A temporary change in pay to employed inventors around the time of patent application has been observed in a number of … who hire workers in R&D functions to make product innovations. The innovation process consists of distinct phases … spillovers, may affect the probability to observe bonus pay at the time of a patent application. Different tax incentives and …
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studied for a new type of innovation where new technologies reduce emissions of a specific pollutant but at the same time …-holding firm. This result carries over to other types of innovation. Taxes are inefficient if technologies produce perfect …
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