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Why Do Inventors Sell to Patent Trolls? Experimental Evidence for the Asymmetry Hypothesis

by Stephen Haber, Seth H. Werfelvia IP2 Working Paper Series
Friday, January 23, 2015

IP² Working Paper No. 15009 - Why do individual patent holders assign their patents to “trolls” rather than license their technologies directly to manufacturers or assert them through litigation?

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Are Patent Disclosure and Definiteness Technology Specific?

by John R. Allison, Lisa Larrimore Ouelettevia IP2 Working Paper Series
Friday, January 23, 2015

IP² Working Paper No. 15007 - Although the Patent Act is designed to be uniform across technologies, the conventional wisdom among close watchers of the patent system is that courts have reached very different outcomes when applying the disclosure (enablement and written description) and claim definiteness requirements to different technologies and industries.

Why City Pension Problems Have Not Improved, and a Roadmap Forward

by Joshua D. Rauhvia Working Group on Economic Policy
Tuesday, January 20, 2015

Working Group on Economic Policy: WP15101 - This paper studies the evolution of city-level pension liabilities over the period 2009-2013 for ten large U.S. municipalities: New York City, Los Angeles, Chicago, Houston, Philadelphia, Jacksonville, San Francisco, Baltimore, Boston, and Atlanta.

The Layered Patent System

by Michael Rischvia IP2 Working Paper Series
Thursday, January 15, 2015

IP² Working Paper No. 15006 - The patent system is usually described in terms of opposites, like producers versus trolls or software versus pharma.

Patents and Cumulative Innovation: Causal Evidence from the Courts

by Alberto Galasso, Mark Schankermanvia IP2 Working Paper Series
Thursday, January 15, 2015

IP² Working Paper No. 15005 - Cumulative innovation is central to economic growth. Do patent rights facilitate or impede follow-on innovation?

The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact

by Ashish Arora, Wesley M. Cohen, John P. Walshvia IP2 Working Paper Series
Thursday, January 15, 2015

IP² Working Paper No. 15004 - Recent accounts suggest the development and commercialization of invention has become more “open.” 

Patent Collateral, Investor Commitment, and the Market for Venture Lending

by Yael V. Hochberg, Carlos J. Serrano, Rosemarie H. Ziedonisvia IP2 Working Paper Series
Thursday, January 15, 2015

IP² Working Paper No. 15003 - The use of debt to finance risky entrepreneurial-firm projects is rife with informational and contracting problems.

Standard Setting, Intellectual Property Rights, and the Role of Antitrust in Regulating Incomplete Contracts

by Joanna Tsai , Joshua D. Wrightvia IP2 Working Paper Series
Monday, January 12, 2015

IP² Working Paper No. 15002 - A large and growing number of regulators and academics, while recognizing the benefits of standardization, view skeptically the role standard setting organizations (SSOs) play in facilitating standardization and commercialization of intellectual property rights (IPRs). 

Inflation Targeting In Emerging Markets: The Global Experience

by John B. Taylorvia Working Group on Economic Policy
Friday, December 19, 2014

Working Group on Economic Policy: WP14112 - This paper examines the Federal Reserve’s recent policy of quantitative easing by looking back at the experience of the 1930s and 1940s when the Fed, under Treasury control, kept interest rates at levels comparable to today and its balance sheet increased similarly.

Requirements for Policy Rules for the Fed

by John B. Taylorvia Working Group on Economic Policy
Friday, December 19, 2014

Working Group on Economic Policy: WP14111 -This testimony reviews my analysis and evaluation of the legislation, “Requirements for Policy Rules for the Federal Open Market Committee” (Section 2 of The Federal Reserve Accountability and Transparency Act). 

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