Edmund Kitch's prospect theory of patents has been hailed as" one of the most significant
efforts to integrate intellectual property with property rights theory," but it has also remained …

PATENTS play a crucial role in the economy. The economic principles underlying the patent
system have not always been well understood, especially in the courts. In part, the difficulty …

Critics of the patent system suggest the rules for determining patentability should be stricter,
subjecting patents to more scrutiny during Patent Office examination. This Article offers a …

Since patents are legal monopolies, they have often been considered in conflict with
antitrust principles. Analyzing the basic rationales of patent and antitrust law, Professor …

The economic significance of a patent depends on its scope: the broader the scope, the
larger the number of competing products and processes that will infringe the patent. Many …

Note Patent Pools and the Antitrust Dilemma Page 1 Note Patent Pools and the Antitrust
Dilemma Steven C. Carlsont A new era has begun in antitrust regulation ofpatent pools. With …

A great deal has been written lately on the growing importance of intellectual property rights
to the economy. With this new focus has come increased attention to the patent system. It is …

George Priest has described the economic analysis of the patent system as" one of the least
productive lines of inquiry in all of economic thought." 1 In spite of abundant scholarship on …

—Techn0logical change is critical to growth—Creating new technology is expensive—
Creating and exploiting new technology is risky—The use of scarce resources and …

Those who possess property for a limited time tend to exercise less care with it than do those
who expect to own the property in perpetuity. For example, an individual renting a car may …