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This paper examines the effect of recommender systems on the diversity of sales. Two anecdotal views exist about such effects. Some believe recommenders help consumers discover new products and thus increase sales diversity. Others believe recommenders only reinforce the popularity of already...
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We study the effect of the fragmentation of intellectual property rights on optimal patent design. The major finding is … requirements should be stronger than in the case of stand-alone innovation. This reduces the fragmentation of intellectual property …
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