Resale price maintenance (RPM) can provide a positive or negative effect on social welfare. The evaluation depends on many factors, such as whether a high-demand or low-demand state exists, storage/holding costs, and disposal costs. A number of articles addressing the welfare effects of RPM...

This work contains two separate essays. The first essay, "International Patent Length Setting with Shelving Behavior" looks at government choices in patent lengths when invention of a basic technology is distinguished from invention of applications of that technology. The choice of patent length...