We study the residential choice of siblings who are altruistic towards their parents. The first-born child’s location choice influences the behavior of the second-born child and can shift some of the burden of providing care for the parents from one child to the other. These strategic...

We develop a two period family decision making model in which spouses bargain over their contributions to a family public good and the distribution of private consumption. In contrast to most models in the literature, specialization within the couple emerges endogenously from the production of...

This paper shows that “wasteful” litigation about intellectual property may be welfare enhancing. The aim of an intellectual property protection system is to solve the trade-off between exante innovation incentive and ex-post monopoly welfare loss. The litigation about intellectual property...

Die Bundesrepublik Deutschland leistet sich eine der größten öffentlichen Theaterbranchen der Welt. Mehr als 150 öffentliche Theater (Opern- und Operettenhäuser, Schauspieltheater, Konzertsäle u. a.) buhlen um die Gunst des Publikums. Nach der Theaterstatistik des Deutschen Bühnenvereins...

To spur innovation, the patent protection system grants the patentee limited monopoly power to recoup his R&D investment, although, in general, allowing the use of the public good "innovation" is socially efficient. But patents and patent threats can also be used strategically, e.g. to deter...

To spur innovation, the patent protection system grants the patentee limited monopoly power to recoup his R&D investment, although, in general, allowing the use of the public good "innovation" is socially efficient. But patents and patent threats can also be used strategically, e.g. to deter...

We develop a two period family decision making model in which spouses bargain over their contributions to a family public good and the distribution of private consumption. In contrast to most models in the literature, specialization within the couple emerges endogenously from the production of...

Empirical research has consistently shown that, on average, men are paid higher wages than women. At the same time, men enjoy more leisure time than women. We develop a model of private provision of family public goods to analyze whether the wage gap and the leisure gap are related. Within a...

We study the residential choice of siblings who are altruistic towards their parents. The firstborn child's location choice influences the behavior of the second-born child and can shift some of the burden of providing care for the parents from one child to the other. These strategic...