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Full-Text Articles in Social and Behavioral Sciences

Endogenous Research And Development And Intellectual Property Laws In Developed And Emerging Economies, Aniruddha Bagchi, Abhra Roy May 2015

Endogenous Research And Development And Intellectual Property Laws In Developed And Emerging Economies, Aniruddha Bagchi, Abhra Roy

Abhra Roy

The incentive of providing protection of intellectual property has been analyzed both for an emerging economy and for a developed economy. The optimal patent length and the optimal patent breadth within a country are found to be positively related to each other for a fixed structure of laws abroad. Moreover, a country can respond to stronger patent protection abroad by weakening its patent protection under certain circumstances and by strengthening its patent protection under other circumstances. These results depend on the curvature of the research-and-development production function. Finally, we investigate the impact of an increase in the willingness to pay …


Terrorism Deterrence In A Two Country Framework: Strategic Interactions Between R&D, Defense And Pre-Emption, Abhra Roy, Jomon Aliyas Paul May 2015

Terrorism Deterrence In A Two Country Framework: Strategic Interactions Between R&D, Defense And Pre-Emption, Abhra Roy, Jomon Aliyas Paul

Abhra Roy

In this paper, we analyze the equilibrium responses (in terms of defense, R&D and preemption) to a potential terrorist attack in a two-country framework (Home and Foreign) using a multi-stage game with imperfect information. We highlight three different types of strategic interactions: (a) how the choice of defense, R&D and pre-emption affects the choice of the same in the other country (strategic interdependence across countries); (b) the strategic interaction between the instruments of terrorism deterrence, namely, defense, R&D and pre-emption in a given country and (c) the strategic interaction between the terrorist and the defender. Our main results are as …