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Intellectual property and antitrust limitations on contract: comment

Author

Listed:
  • Matthew John Holian

    (San Jose State University)

  • Neil N. H. Nguyen

    (San Jose State University)

Abstract

In their chapter in Dynamic Competition and Public Policy (2001, Cambridge University Press), Burtis and Kobayashi never defined their model's discount rate, making replicating their simulation results difficult. Through our own simulations, we were able to verify their results when using a discount rate of 0.10. We also identified two new types of equilibria that the authors overlooked, doubling the number of distinct equilibria in the model.

Suggested Citation

  • Matthew John Holian & Neil N. H. Nguyen, 2010. "Intellectual property and antitrust limitations on contract: comment," Economics Bulletin, AccessEcon, vol. 30(4), pages 2680-2684.
    • Handle: RePEc:ebl:ecbull:eb-10-00446
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    File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I4-P247.pdf
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    JEL classification:

    • L4 - Industrial Organization - - Antitrust Issues and Policies

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