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Property Law x Microeconomics x clear all

The Ecological and Civil Mainsprings of Property: An Experimental Economic History of Whalers’ Rules of Capture

Bart J. Wilson, Taylor Jaworski, Karl E. Schurter and Andrew Smyth.

in The Journal of Law, Economics, and Organization

October 2012; p ublished online January 2012 .

Journal Article. Subjects: Property Law; Agricultural, Environmental, and Natural Resource Economics; Design of Experiments; Production and Organizations. 15674 words.

This article uses a laboratory experiment to probe the proposition that property emerges anarchically out of social custom. We test the hypothesis that whalers in the 18th and 19th...

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THE FTC, IP, AND SSOS: GOVERNMENT HOLD-UP REPLACING PRIVATE COORDINATION

Richard A. Epstein, F. Scott Kieff and Daniel F. Spulber.

in Journal of Competition Law & Economics

March 2012; p ublished online March 2012 .

Journal Article. Subjects: Law and Economics; General Economics; Technological Change; Research and Development; History of Economic Thought (1925 onwards); Household Behaviour and Family Economics; Property Law; Microeconomics; Analysis of Collective Decision-making; Manufacturing; Welfare Economics; Antitrust Issues and Policies; Economic History; Production and Organizations; Market Structure and Pricing; Information, Knowledge, and Uncertainy; Regulation and Industrial Policy; Capitalist Systems; Firm Objectives, Organization, and Behaviour; Market Structure, Firm Strategy, and Market Performance; History of Economic Thought (to 1925). 21147 words.

In its recent report entitled, “The Evolving IP Marketplace,” the Federal Trade Commission (FTC) proposes a far-reaching regulatory approach (Proposal) that is likely to interfere with the...

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INCENTIVE EFFECTS FROM DIFFERENT APPROACHES TO HOLDUP MITIGATION SURROUNDING PATENT REMEDIES AND STANDARD-SETTING ORGANIZATIONS

F. Scott Kieff and Anne Layne-Farrar.

in Journal of Competition Law & Economics

December 2013; p ublished online November 2013 .

Journal Article. Subjects: Property Law; History of Economic Thought (1925 onwards); General Economics; Technological Change; Research and Development; Antitrust Issues and Policies; Production and Organizations; Market Structure and Pricing; Law and Economics. 16313 words.

Debates about patent policy often focus on the potential for the threat of a court-imposed remedy for patent infringement to cause manufacturing entities and others to suffer patent holdup,...

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Land Assembly and the Holdout Problem Under Sequential Bargaining

Thomas J. Miceli and Kathleen Segerson.

in American Law and Economics Review

December 2012; p ublished online November 2012 .

Journal Article. Subjects: Property Law; Urban, Rural, and Regional Economics; Market Structure, Firm Strategy, and Market Performance; Market Structure and Pricing. 5545 words.

Although the holdout problem is an established part of legal and economic lore, the exact source of the problem is not well understood. It is usually attributed to high transaction costs or...

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THE MEANING OF FRAND, PART I: ROYALTIES

J. Gregory Sidak.

in Journal of Competition Law & Economics

December 2013; p ublished online December 2013 .

Journal Article. Subjects: Technological Change; Research and Development; Property Law; Production and Organizations; Contract Law. 56828 words.

What does it mean for a patent holder to commit to a standard-setting organization (SSO) to license its standard-essential patents (SEPs) on fair, reasonable, and nondiscriminatory (FRAND)...

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THE PROPER ROYALTY BASE FOR PATENT DAMAGES

J. Gregory Sidak.

in Journal of Competition Law & Economics

December 2014; p ublished online November 2014 .

Journal Article. Subjects: Technological Change; Research and Development; Property Law; Production and Organizations; Contract Law. 21519 words.

How should a court determine the proper royalty base when calculating either reasonable-royalty damages for patent infringement or fair, reasonable, and nondiscriminatory (FRAND) royalties...

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PROPERTY AS PLATFORM: COORDINATING STANDARDS FOR TECHNOLOGICAL INNOVATION

Henry E. Smith.

in Journal of Competition Law & Economics

December 2013; p ublished online November 2013 .

Journal Article. Subjects: Technological Change; Research and Development; Property Law; Law and Economics; Production and Organizations. 16300 words.

This article examines the coordination of inputs to the development and use of technology as a problem in the theory of property. Recent misunderstanding of property, in terms of both the...

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SUBSTITUTING COMPLEMENTS

Giuseppe Dari-Mattiacci and Francesco Parisi.

in Journal of Competition Law & Economics

September 2006; p ublished online November 2006 .

Journal Article. Subjects: Property Law; Welfare Economics; Market Structure, Firm Strategy, and Market Performance; Market Structure and Pricing. 6043 words.

Abstract

The presence of multiple sellers in the provision of (nonsubstitutable) complementary goods leads to outcomes that are worse than those generated by...

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