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.

Learning by suing: structural estimates of court errors in patent litigation

Publication Date
2006-November-07
Document Type
Authors
Department or Program
Document Type
Abstract

This paper presents structural estimates of the probability of validity, and the probability of Type I and Type II errors by courts in patent litigation. Patents are modeled as uncertain property rights, and implications of the model are tested using...

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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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