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Chicago Skyline

The Obama Presidential Center Nuisance

by Richard A. Epsteinvia Defining Ideas
Tuesday, May 26, 2020

The project would wreak havoc on key roadways and mangle a historic park.

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Lanhee Chen: COVID-19 and the Politics of the World Health Organization | Hoover Virtual Policy Briefing

interview with Lanhee J. Chenvia Hoover Podcasts
Thursday, May 21, 2020

Lanhee Chen discusses COVID-19 and the Politics of the World Health Organization.

In the News

California Can't Omit Churches From Re-Opening Plans, Justice Department Says

quoting Michael McConnellvia Catholic News Agency
Thursday, May 21, 2020

California Gov. Gavin Newsom's efforts to lift some anti-coronavirus restrictions cannot single out churches for stricter treatment than other similar public activities, the U.S. Department of Justice has said.

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GoodFellows: International Man Of History

interview with John H. Cochrane, Niall Ferguson, H. R. McMastervia Hoover Podcasts
Wednesday, May 20, 2020

Imagine the three “GoodFellows” in charge of America’s government—a modern (and democratic) twist on ancient Rome’s triumvirate. Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane discuss the coronavirus-related steps they’d take if entrusted with deciding the nation’s health, economic, and geostrategic choices.

Blank Section (Placeholder)Blank Section (Placeholder)Decision 2020Analysis and Commentary

Reasonable Disagreements: Prosecutions And Precautions

interview with Richard A. Epstein, Adam J. Whitevia Reasonable Disagreements
Tuesday, May 19, 2020

Michael Flynn, Justin Amash, and Clarence Thomas

EconomyBlank Section (Placeholder)Featured

Elon Musk Fights The Law And Economic Freedom Wins

by Lee Ohanianvia California on Your Mind
Tuesday, May 19, 2020

Tesla CEO Elon Musk defied state and county orders by restarting the Tesla auto plant in Fremont, California, after filing a lawsuit against Alameda County for being forced to stop production (Tesla was the only US automaker to be shuttered).


John Yoo: John Brennan Willing To Participate In Durham Probe, Says He Has Nothing To Hide

interview with John Yoovia Fox News
Tuesday, May 19, 2020

Hoover Institution fellow John Yoo discusses the investigation of the members of Obama's administration.

In the News

Flashback: Activists Burglarized An FBI Office, Made Off With Docs Revealing How The Bureau Spied On Americans For Political Gain

quoting Victor Davis Hansonvia Daily Caller
Monday, May 18, 2020

It’s been over 45 years since a ragtag group of activists broke into a small-town FBI office and made off with a giant cache of documents revealing the extent of the bureau’s work spying on Americans for political purposes.

Patent Applications

Tournaments and FRAND Royalties

by J. Gregory Sidakvia IP2 Working Paper Series
Tuesday, March 8, 2016

Proponents of the patent-holdup conjecture implicitly model competition among different technologies for inclusion in a standard as a static Bertrand pricing game without (1) any capacity restraints, (2) any product differentiation, and (3) any outside option for the inventors. On the basis of those improbable assumptions, proponents of the patent-holdup conjecture suppose that the FRAND royalty for the technology chosen for inclusion in the standard will approach zero.

The Language of Trust and Reciprocity in Patent Markets: A Sociological Analysis of Property Rights on Messages Resolving Uncertainty in Exchange in Ideas

by Eskil Ullbergvia IP2 Working Paper Series
Monday, December 14, 2015

Firms exchanging technology using the patent system as a trade system (through licensing, cross- licensing, transfer, intermediaries and other mechanisms) face uncertainty that cannot be resolved by information alone; trust in each other’s actions appears to be needed. Information is needed to resolve risk (a probability distribution can be constructed) but uncertainty (where a distribution cannot be made) requires trust in each other’s actions to be resolved and allow for rational decisions to be made regarding price. 


Research Teams