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Author Info

  • Langinier, Corinne

    ()
    (University of Alberta, Department of Economics)

  • Marcoul, Phillipe

    ()
    (Department of Rural Economy, University of Alberta)

Abstract

We examine the strategic non-revelation of information by patent applicants. In a model of a bilateral search of information, we show that patent applicants may conceal information, and that examiners make their screening intensity contingent upon the received information. We then analyze the effects of a double review policy and a policy in which examiners ex ante commit to screening efforts. The implementation of the former policy reduces strategic non-revelation, but its overall implication remains unclear. The latter policy involves equal screening intensity across all applications, requires a limited commitment power and induces truthful revelation.

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File URL: http://www.economics.ualberta.ca/~/media/economics/FacultyAndStaff/WPs/WP2009-21-Langinier.pdf
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Bibliographic Info

Paper provided by University of Alberta, Department of Economics in its series Working Papers with number 2009-21.

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Length: 51 pages
Date of creation: 30 May 2009
Date of revision:
Handle: RePEc:ris:albaec:2009_021

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Related research

Keywords: patents; information; incentives;

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References

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  1. Strausz, Roland, 2005. "Timing of Verification Procedures: Monitoring versus Auditing," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 33, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
  2. Mitusch, Kay, 2006. "Non-commitment in performance evaluation and the problem of information distortions," Journal of Economic Behavior & Organization, Elsevier, vol. 60(4), pages 507-525, August.
  3. Atal, Vidya & Bar, Talia, 2010. "Prior art: To search or not to search," International Journal of Industrial Organization, Elsevier, vol. 28(5), pages 507-521, September.
  4. Crampes, Claude & Langinier, Corinne, 2002. "Litigation and Settlement in Patent Infringement Cases," Staff General Research Papers 5231, Iowa State University, Department of Economics.
  5. Stuart J. H. Graham & Bronwyn H. Hall & Dietmar Harhoff & David C. Mowery, 2003. "Post-Issue Patent "Quality Control": A Comparative Study of US Patent Re-examinations and European Patent Oppositions," Industrial Organization 0303009, EconWPA.
  6. Jonathan Coppel, 2000. "E-Commerce: Impacts and Policy Challenges," OECD Economics Department Working Papers 252, OECD Publishing.
  7. Steven D. Levitt & Christopher M. Snyder, 1997. "Is No. News Bad News? Information Transmission and the Role of "Early Warning" in the Principal-Agent Model," RAND Journal of Economics, The RAND Corporation, vol. 28(4), pages 641-661, Winter.
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Citations

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Cited by:
  1. repec:hal:cesptp:halshs-00740716 is not listed on IDEAS
  2. Schuett, F., 2012. "Inventors and Imposters: An Analysis of Patent Examination with Self-Selection of Firms into R&D," Discussion Paper 2012-026, Tilburg University, Tilburg Law and Economic Center.
  3. repec:hal:wpaper:halshs-00848247 is not listed on IDEAS
  4. repec:hal:wpaper:halshs-00740716 is not listed on IDEAS
  5. repec:hal:wpaper:halshs-00575019 is not listed on IDEAS
  6. David Encaoua & Thierry Madies, 2014. "Dysfunctions Of The Patent System And Their Effects On Competition," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00848247, HAL.

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