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.

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

Publication Date
2006-April-12
Document Type
Department or Program
Document Type
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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Credibility and credulity: how beliefs about beliefs affect entry incentives

Publication Date
2006-November-13
Document Type
Department or Program
Document Type
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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Stabilizing the international financial system and financing development: an analysis of the Tobin tax

Publication Date
2007-December-01
Document Type
Authors
Department or Program
Document Type
Abstract

This paper analyzes the feasibility of an international tax on currency transaction, also known as "Tobin Tax", from an economic and juridical point of view. The claim that such a tax would curb short term speculators, thus stabilizing the foreign...

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Stabilizing the international financial system and financing development: an analysis of the Tobin tax

Publication Date
2007-December-01
Document Type
Authors
Department or Program
Document Type
Abstract

This paper analyzes the feasibility of an international tax on currency transaction, also known as "Tobin Tax", from an economic and juridical point of view. The claim that such a tax would curb short term speculators, thus stabilizing the foreign...

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