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.

The value of certainty in intellectual property rights: stock market reactions to patent litigation

Publication Date
2005-November-15
Document Type
Authors
Department or Program
Document Type
Abstract

Using a sample of patents litigated between 1977 and 1997, I estimate stock market reactions to patent litigation decisions and to patent grants. I find that the resolution of uncertainty over validity and infringement is worth as much to the...

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Why only some industries unionize: insights from reciprocity theory

Publication Date
2005-February-14
Document Type
Authors
Department or Program
Document Type
Abstract

This paper argues that the degree to which a given industry's labor contracts are complete or incomplete is the major factor determining whether its workforce will be unionized. For instance, assembly line industries feature complete labor contracts because of the...

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World Bank independence: A model and statistical analysis of U.S. influence

Publication Date
2005-June-30
Document Type
Department or Program
Document Type
Abstract

This paper develops a model to test whether World Bank lending caters to U.S. interests. We use country-level panel data to examine the geographic distribution of World Bank lending to 110 countries from 1968 to 2002. After controlling for country...

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World Bank lending and regulation

Publication Date
2005-February-09
Document Type
Department or Program
Document Type
Abstract

One of the policy reforms promoted by the World Bank in recent decades is to reduce the often burdensome level of regulation by developing country governments and thus promote a reorientation from highly regulated and centrally controlled to deregulated and...

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