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and the entrant final goods producers are from the same developed country, patent protection in the developing country … raises developed-country welfare if (i) patent protection in the developing country deters entry in the final goods market …
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motion, once the peak sales is reached till the patent expiration, we will also allow for the possibility of the generic … entrance once the patent expires. Different expected costs to completion are considered here, that is one equation to each …
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Communicable diseases pose a formidable challenge for public policy. Using numerical simulations, we show under which scenarios a monopolist’s price and prevalence paths converge to a nonzero steady-state. In contrast, a planner typically eradicates the disease. If eradication is impossible,...
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This article assesses the rate of obsolescence of patents with measurements of the rate in Japan. Our study departs from Parkes and Schankerman (1989) and Schankerman (1998) because of its application of the ordered probit model. The application of this model enables us to consider the case of...
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The Dual Effects of Intellectual Property Regulations: Within- and Between-Patent Competition in the US Pharmaceuticals …
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