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01899cam a2200349Ia 4500 001 760D1A3E2B0A11DE8AF32708A8D7520A 005 200904162344.0 008 050524s2005 mnua b 000 0 eng d 035 $a (OCoLC)60450606 035 $a (OCoLC)60640672 040 $a VPI $c VPI $d SILO $d FRW $d OCLCQ $d IWA $d SILO 100 1 $a Boldrin, Michele, $d 1956- 245 1 $a Intellectual property and market size / $c Michele Boldrin and David K. Levine. 260 $a [Minneapolis, Minn.] : $b Federal Reserve Bank of Minneapolis, $c 2005. 300 $a 47, [4] p. : $b ill. ; $c 28 cm. 490 1 $a Staff report ; $v 360 500 $a "March 2005." 504 $a Includes bibliographical references (p. 44-46). 520 3 $a "Intellectual property protection involves a trade-off between the undesirability of monopoly and the desirable encouragement of creation and innovation. As the scale of the market increases, due either to economic and population growth or to the expansion of trade through treaties such as the World Trade Organization, this trade-off changes.We show that, generally speaking, the socially optimal amount of protection decreases as the scale of the market increases.We also provide simple empirical estimates of how much it should decrease"--Abstract. 530 $a Also available online. 650 0 $a Intellectual property $x Economic aspects. 650 0 $a Market share $x Econometric models. 650 0 $a Monopolies $x Econometric models. 650 0 $a Technological innovations $x Econometric models. 700 1 $a Levine, David K. 830 0 $a Staff report (Federal Reserve Bank of Minneapolis. Research Dept.) ; $v 360. 856 41 $u http://woodrow.mpls.frb.fed.us/research/sr/sr360.html 939 $a 5482418 941 $a 1 952 $l USUX851 $d 20210707012923.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=760D1A3E2B0A11DE8AF32708A8D7520A 994 $a 02 $b IWAInitiate Another SILO Locator Search