The main reason governments grant patent protection is to spur innovation. However, the size of the R&D stimulus from patent protection is far from clear because it depends on how effective patents are as a…
This study is the first to estimate price elasticities of demand for convalescent care programmes. In 1997, the German legislature more than doubled the daily co-payments for the publicly insured from €6 to €13.…
We analyze the distributional and efficiency impacts of different allowance allocation schemesmotivated by recently proposed U.S. climate legislation for a national cap and trade system usinga new dynamic…
