Title
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Author
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Year
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How Innovative Are Innovations? A Multidimensional, Survey-Based Approach
Innovation can be difficult to measure, and some major technical advances have less impact on social welfare than expected. Surveys of innovation should consider five key factors in assessing the importance of an innovation.
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Wesley Cohen, John P. Walsh, You-Na Lee |
2021 |
Restrictions on Privacy and Exploitation in the Digital Economy: A Market Failure Perspective
Digital platforms collect consumer data by default. Changing the default setting to require to consumers to “opt-in” to allow use of their data could create a market in data, but large platforms would still enjoy too much market power.
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Nicholas Economides, Ioannis Lianos |
2021 |
Antitrust Policy Toward Patent Licensing: Why Negotiation Matters
Some are concerned that patents for complex innovations give rise to problems such as royalty stacking or patent thickets. However, empirical data shows that patent pools and negotiation of patent licenses tend to eliminate these concerns.
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Daniel Spulber |
2021 |
Understanding AI Collusion and Compliance
Artificial intelligence (AI) allows firms to adopt new types of anti-competitive behavior, but may also aid in the detection of such behavior. AI collusion could include non-price elements, such as product reviews and ratings.
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Daniel Sokol, Justin Johnson |
2021 |
The Brussels Effect: How the European Union Rules the World
Popular commentators often predict the failure of the European Union (EU), but data shows that the European Union exercises global regulatory power and enjoys continued relevance.
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Anu Bradford |
2021 |
Harming Competition and Consumers under the Guise of Protecting Privacy: An Analysis of Apple’s iOS 14 Policy Updates
Apple’s iOS 14 update claims to protect privacy by requiring consumers to opt in to allow data sharing by third-party apps. But this unfairly advantages Apple’s own products.
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Daniel Sokol, Feng Zhu |
2021 |
Root and Branch Reconstruction: The Modern Transformation of U.S. Antitrust Law and Policy?
Advocates for the transformation of antitrust policy in the United States support the revival of egalitarian goals for enforcers. Reformers have gained in influence, but several factors will limit their impact.
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William E. Kovacic |
2021 |
GDP-B: Accounting for the Value of New and Free Goods
Current methods fail to capture the value of new and free goods to national productivity. A new framework, GDP-B, better measures the benefits of these goods.
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Erik Brynjolfsson, Avinash Collis, Felix Eggers, Kevin J. Fox, W. Erwin Diewert |
2021 |
Innovation Matters: Competition Policy for the High-Technology Economy
Antitrust authorities should adapt their analysis to protect innovation and future competition. High-tech firms may use strategic acquisitions or product design to exclude competitors.
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Richard Gilbert |
2020 |
The Value of Incumbency When Platforms Face Heterogeneous Customers
Policymakers are unsure how much competition between platforms like Microsoft or Apple is possible or desirable. Consumers are reluctant to switch platforms, giving incumbent firms an advantage.
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Gary Biglaiser, Jacques Crémer |
2020 |