Innovation depends on the incentives to create new ideas as well as the visibility of and access to existing ones. Using exogenous variation from the Uniform Trade Secrets Act, we show that stronger trade…
Informal exchange of information among competitors has been well-documented in a variety of industries, and one's expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon…
While markets have been liberalized all over the world, incumbents often still hold a dominant position, e.g. on energy markets. Thus, wholesale electricity markets are subject to market surveillance.…
