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Transparency And The Bank Of England’s Monetary Policy Committee

by Kevin Warsh
Wednesday, December 17, 2014

Transparency is the watchword for monetary policy, and greater openness the hallmark of the modern central bank. Before it was fashionable, the Bank of England (Bank) was an early pioneer in the pursuit of transparency. In 1993, the institution became the first among its peers to publish an inflation report. The Bank renewed its transparency efforts after it was granted operational independence from Her Majesty’s Government in 1997. The newly created Monetary Policy Committee (MPC) was determined to build a strong public constituency in support of its price stability mandate.

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An Empirical Examination of Patent Hold-Up

by Alexander Galetovic, Stephen Haber, Ross Levinevia IP2 Working Paper Series
Monday, March 30, 2015

IP² Working Paper No. 15010 - A large literature asserts that standard essential patents (SEPs) allow their owners to “hold up” innovation by charging fees that exceed their incremental contribution to a final product.

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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.

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