Related papers: Why do firms patent?
We study how loyalty behavior of customers and differing costs to produce undifferentiated products by firms can influence market outcomes. In prior works that study such markets, firm costs have generally been assumed negligible or equal,…
The eruption of big data with the increasing collection and processing of vast volumes and variety of data have led to breakthrough discoveries and innovation in science, engineering, medicine, commerce, criminal justice, and national…
This article focuses on the legal issues associated with open government data licenses. This study compares current open data licenses and argues that licensing terms reflect policy considerations, which are quite different from those…
Spectrum being a very scarce natural resource of a country has to be judicially used for the purpose of nation building and the allocation process to telecom operators should be very transparent and ethical. There are various ways of how…
Consumers often resort to third-party information such as word of mouth, testimonials and reviews to learn more about the quality of a new product. However, it may be difficult for consumers to assess the precision of such information. We…
In a technical treatment, this article establishes the necessity of transparent privacy for drawing unbiased statistical inference for a wide range of scientific questions. Transparency is a distinct feature enjoyed by differential privacy:…
Data are invaluable. How can we assess the value of data objectively, systematically and quantitatively? Pricing data, or information goods in general, has been studied and practiced in dispersed areas and principles, such as economics,…
This chapter examines the motivations and imperatives for modernizing how statistical agencies approach statistical disclosure limitation for official data product releases. It discusses the implications for agencies' broader data…
This paper proposes a theory of pricing premised upon the assumptions that customers dislike unfair prices---those marked up steeply over cost---and that firms take these concerns into account when setting prices. Since they do not observe…
We consider the problem of how to regulate an oligopoly when firms have private information about their costs. In the environment, consumers make discrete choices over goods, and minimal structure is placed on the manner in which firms…
Government agencies typically need to take potential risks of disclosure into account whenever they publish statistics based on their data or give external researchers access to collected data. In this context, the promise of formal privacy…
Strategic decisions rely heavily on non-scientific instrumentation to forecast emerging technologies and leading companies. Instead, we build a fast quantitative system with a small computational footprint to discover the most important…
There is recurrent debate about how useful science is for technological development, but we know little about what kinds of science are more useful for technology. This paper fills this gap in the literature by exploring how the value of a…
Companies are looking to data anonymization research $\unicode{x2013}$ including differential private and synthetic data methods $\unicode{x2013}$ for simple and straightforward compliance solutions. But data anonymization has not taken off…
As more business activities are being automated and an increasing number of computers are being used to store vital and sensitive information the need for secure computer systems becomes more apparent. These systems can be achieved only…
Firms strategically disclose product information in order to attract consumers, but recipients often find it costly to process all of it, especially when products have complex features. We study a model of competitive information disclosure…
Understanding the factors driving innovation in energy technologies is of critical importance to mitigating climate change and addressing other energy-related global challenges. Low levels of innovation, measured in terms of energy patent…
We study how individuals trade off outcome ("what") and process ("how") utility in high-stakes strategic decisions, namely professional tennis. Using optimality conditions and the second-service rule, we derive a sufficient condition for…
This study assesses the degree to which the social value of patents can be connected to the private value of patents across discrete and complex innovation. The underlying theory suggests that the social value of cumulative patents is less…
Open data are held to contribute to a wide variety of social and political goals, including strengthening transparency, public participation and democratic accountability, promoting economic growth and innovation, and enabling greater…