1. Refereed Journal // 2002

    R&D with Spillovers and Endogenous Absorptive Capacity

    This paper derives a three-stage Cournot duopoly game for research cooperation, research expenditures, and product-market competition. The amount of knowledge firms can absorb is made dependent on their own…

  2. ZEW Discussion Paper No. 02-18 // 2002

    The Contribution of the IMF and the World Bank to Economic Freedom

    We analyse the effect of IMF and World Bank policies on the composite index of economic freedom by Gwartney et al. (2000) as well as its sub-indexes, using a panel of 85 countries observed between 1970 and 1997.…

  3. ZEW Discussion Paper No. 02-44 // 2002

    Flexibility Provisions in Multilateral Environmental Treaties

    In international politics, intergovernmental treaties provide the rules of the game. Similar to private law, treaty designers face a trade-off between flexibility to adjust to unforeseen contingencies and the…

  4. ZEW Discussion Paper No. 02-54 // 2002

    Optimal Cover Prices and the Effects of Website Provision on Advertising and Magazine Demand

    I derive and estimate a model for cover price setting in print media markets where actors are faced by two interrelated demand curves: the demand for the print medium and the demand for advertising space.…