regulating intellectual property via competition or regulating competition via intellectual property competition and intellectual property ten years on the debate still flourishes
... patent application (see Rule 42 and 43, ‘Content of the description’ and ‘Form and content of claims’ of the ‘Implementing Regulations’ of the European Patent Convention33 and article 5(3) of the ... the ground-breaking international conventions of the late 1800s: the Paris Convention of 1883 on ‘industrial propertyandthe Berne Convention of 1886 on copyright These conventions marked the ... Congress of the International Economic Association), London, 1994; P.O LONG, Invention, Authorship, Intellectual Property, andthe Origins of Patents: Notes Toward a Conceptual History, in Tech and Culture,...
... Max Planck Institute for Intellectual Property, Competitionand Tax Law MPI Studies onIntellectual Property, Competitionand Tax Law Volume Edited by Josef Drexl Reto ... HAUSMAN/MACKIE-MASON, Price Discrimination and Patent Policy, RAND Journal of Economics 1988, 253–265 Ebd ACEMOGLU/AGHION/ZILIBOTTI, Distance to frontier, selection and economic growth, NBER Working Paper ... Kalkulation der Kreditkonditionen an Durchschnittswerten orientieren Potenzielle Innovatoren mit guten Projekten sehen sich in der Folge mit einer zu hohen geforderten Verzinsung des eingesetzten...
... strength Therefore, the alkali content should be controlled Onthe other hand, however, limiting the alkali content too severely results in increased energy consumption Cements with a low alkali content ... warehousing and handling expenses increase Onthe contrary, construction is rather comfortable in the dry season, facilitating higher cement consumption This information implies the need for careful ... water, sand, gravel and other materials, forms concrete which is the most widely used construction material in the world Cement is the glue that holds together the sand and gravel to make concrete...
... competitor’s even with inferior product characteristics As the variance of νi increases, price competition softens because the tails of the distribution more heavily favor one firm orthe other In the ... utility is only defined up to a monotonic transformation, two normalizations are needed in order to identify the underlying components of the demand system I first normalize the utility of the outside ... the regression, making them relative to the no-purchase outside option January 2005 is the omitted month and France is the omitted country σν and σα are the standard deviations of the random coefficients...
... 2007 and José Antonio Azpiazu Elorza for assisting with the publication of this edited collection The editors also express their gratitude to the contributors for their hard work, dedication and ... (more or less) authoritative legal interpreters engaged in the rationalisation and modernisation of the criminal law Onthe other hand, they bear responsibility to interrogate the problems of the ... Reason and History,2 concerning the nature of legal individualism andthe conflicts which inform it They were in their original form schematically presented, and I hope to develop them in order...
... unless it is conducted with intensity? Intensity and efficiency go hand in hand to bolster effectiveness, but there is still one more major component to consider before we get to work Specificity ... stretch of the imagination a complete encyclopedia of the training possibilities for the sport Perhaps we will address that topic another day Intro The other consideration is for the dabbler, the dilettante, ... the system to be done daily or even for several days per week The demands of the sport decree that we must err onthe side of intensity — not only in the choice of PTT over the other endurance packaging,...
... D TOLLISON, Director RONALD S BOND, Deputy Director for Operations and Research JOHN L PETERMAN, Deputy Director for Competition RICHARD HIGGINS, Deputy Director for Consumer Protection DAVID ... advanced for a positive profitability-concentration relationship: the price-elevation hypothesis andthe cost-reduction hypothesis l The price- elevation hypothesis states that forming and maintaining ... and Walton and Cleveland (1964) Section I forbids "every contract, combination • • • or conspiracy in restraint of trade or commerce among the several States." As interpreted by the courts, the...
... constitution the jurist abandons the understanding of the constitution as higher law The social acceptance of the constitution is only one among the various elements of the constitution One should ... is more about limiting the ambitions of the Union than about allowing its well-ordered development onthe scale of the Continent Onthe other hand, the constituent power is not for the author ... Federal Constitutionalism andthe Supremacy of the Constitution 2.6 Neil MacCormick’s Overlapping Legal Orders The Constitution andthe Economy 3.1 Introduction 3.2 Economic Constitutional Law...
... proposed For instance, if the first proposes “$60 for me and $40 for you” andthe second accepts, the first gets $60 andthe second gets $40 But here’s the twist: if the second subject rejects the ... postpone action for just two years, weather and traffic will eat more deeply into the roadbed, and those same repairs will cost $30 million.2 During the depths of the downturn, the workers and ... and other antigovernment activists often decry mandatory taxation as theft, but no government could function if forced to rely exclusively on voluntary contributions Without mandatory taxation,...
... determine the elasticity and therefore the impact of a change in price on quantity demanded 1.1.3.1 Linear Demand The linear demand is the simplest demand specification The linear demand function can ... support throughout the process We also thank Frank Verboven and Christian Huveneers for their detailed comments onthe draft version And, of course, the anonymous reviewers for their important contributions ... may nonetheless be a reasonable modeling approximation in many such situations 1.1.1.2 The Contribution of Consumer Theory: Deriving Demand Demand functions are classically derived by using the...
... compact disc is the cost of the physical disc, the cost of recording the content on that disc, the cost of the extra payment on royalties for the copyrighted material recorded onthe disc, and some ... For LRAIC, see, for example, the discussion of the U.K Competition Commission’s inquiry in 2003 into phone-call termination charges in the United Kingdom and in particular the discussion of the ... behavioral assumption, we can define the reaction function, or best response function This function describes the firm’s optimal quantity decision for each value of the competitor’s quantity choice The...
... incorrectly rejected by a competition agency, then the forces of competition may nonetheless correctly redress the error while interventions by government, perhaps in the form of regulation, ... hypothesis tests that use the wrong standard errors will lead us to the wrong conclusions on hypothesis tests as confidence intervals are built with standard errors (see earlier in the chapter) There ... the null hypothesis value and expresses it as a proportion of the standard deviation p O O of the estimator (its standard error), s.e .ˇj / D Var.ˇj /.15 Testing whether the null hypothesis is true...
... if the correlation coefficient for this section of the time series is driven purely by spurious correlation One potential response is to split the sample and calculate the correlation onthe first—stationary—section ... stores and compete for only a subset of their customers Store onthe other hand does not face any constraint from its competitors and does not impose any competitive constraints on them either ... for whom store A and store B are pretty close substitutes for one another but before the price rise at A there was a small preference for going to A Onthe other hand, the CC’s survey question...
... is the size of the market, a and b are demand parameters, and c and d are the cost parameters The demand and costs parameters are unobserved and their effect is therefore included in the error ... (2001), or Hsiao (2003) 5.1 Framework for Analyzing the Effect of Market Structure on Prices 249 of stores If we have just one store, we could use the data variation from that one store andthe only ... time for a given store as well as the across-store variation to the extent that the specification restricts the slope coefficients to be the same across stores (see the extensive discussion in...
... Game-theory-informed industrial organization adds feedbacks SCP versus game theory 6.1.1.3 Beyond the SCP Framework Theoretical developments in industrial organization, particularly static game theory, ... rely on detailed industry analysis for their conclusions Still, structural indicators remain important among many practitioners and decision makers because of their apparent simplicity and their ... a regression reflecting the determinants of profits for the firm along the lines of yif D ˇ0 C ˇ1 sif C ˇXif C "if ; where i is the indicator for the industry and f is the indicator for the firm Variable...
... categorized according to whether they were in the charts at the time of the transaction and how long they had been released onthe market The data provided information on both the list price andthe ... tacit coordination Stigler’s three conditions (and hence the three Airtours conditions)—agreement, monitoring, and enforcement—were examined but the core of the assessment centered on whether there ... challenge a potential coordination on recorded music CD prices by the majors The assessment of the merger therefore centered on establishing whether conditions in the market were sufficiently conducive...
... pressure than in the case where the firm wants to maximize profits on one of the products only and therefore ignores the negative consequences of lower prices onthe sales of the close substitute ... competitiononthe ground and therefore the likely effects of any merger or alleged anticompetitive behavior Technically, the question of identification involves asking the question of whether two ... criticisms of the simplest version of the “beforeand-after” method by taking into account changes in demand and supply conditions By running a reduced-form regression of the price level on demand and cost...
... simulation, it mentioned the fact that the results of the simulation confirmed the conclusions of the more qualitative investigation.19 The merger involved two truck manufacturers andthe investigation ... depends on having estimated the correct demand parameters and also having assumed the correct firm behavior Remember that the assumptions made about the nature of competition determine the form of the ... z1j and z2j are sets of instrumental variables) in order to identify the demand and supply equations These moment conditions are exactly analogous to the moment conditions imposed on demand and...
... information) and many industrial organization professors and professionals onthe other (many of whom are rather more comfortable with the observation that competition agencies have more information ... conclusions for stylized examples involving assumptions about the consumer valuation of the tying product, the link between the valuations of the tied and tying products, andthe nature of competition ... strong assumptions as are appropriate for an authority exploring whether there is the potential justification for further investigation In the end the OFT decided to refer the merger to the U.K Phase...
... competitors might be hurt by the end of the practice andthe promotional effort it elicited The effect of an end to RPM on competitors can therefore be ambiguous depending onthe distribution of consumer ... preferences andthe relative importance and effect of the price and advertisement efforts Finally, if Corning and Anchor Hocking are branded substitutes, the decrease in the price of one of them after the ... takes the value for the days in the event window and otherwise, and eit is a random error term for firm i on day t The event window covers three to four days before and after the actual event The...