Vassar College Digital Library

Vassar Scholarship

Vassar Scholarship, the institutional repository formerly known as Digital Window, reflects the research and scholarly output of the Vassar College community.  It provides access to a variety of collections, including senior theses and projects across a wide range of disciplines.

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Vassar Scholarship

Bargaining in the shadow of precedent: the surprising irrelevance of asymmetric stakes

Publication Date
2006-April-12
Document Type
working paper
Authors
Marco, Alan C.
Kieran J. Walsh
Department or Program
Economics Department
Document Type
Working Paper
Abstract

We develop a model of bargaining and litigation in the context of patent licensing (or any contractual setting). Following Priest and Klein (1984) we developed a model that explicitly allows for (1) multiple parties (leading to asymmetry of stakes), (2)...

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Vassar Scholarship

Credibility and credulity: how beliefs about beliefs affect entry incentives

Publication Date
2006-November-13
Document Type
working paper
Authors
Kieran J. Walsh
Marco, Alan C.
Department or Program
Economics Department
Document Type
Working Paper
Abstract

In this note we investigate the infringement (entry) decision for a firm facing an incumbent patent holder with uncertain patent rights. The entrant risks a dispute by entering, resulting in either a settlement (licensing) or litigation and trial. Using the...

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Vassar Scholarship

The income redistribution impact of financing higher education in Pakistan

Publication Date
1989-November-01
Document Type
working paper
Authors
Khan, Shahrukh R.
Department or Program
Economics Department
Document Type
Working Paper
Abstract

This study examines the income redistributional consequences of the public financing of higher education in Pakistan. The results show that the tax incidence and the subsidy to higher education entail a redistribution from the middle and upper to the lower...

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