Prelims
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Published:2021
2021. "Prelims", The Law and Economics of Patent Damages, Antitrust, and Legal Process, James Langenfeld, Frank Fagan, Samuel Clark
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The Law and Economics of Patent Damages, Antitrust, and Legal Process
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Research in Law and Economics
Series Editors: Richard O. Zerbe and John B. Kirkwood
Recent Volumes:
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| Volume 23: | Introduction to Benefit-Cost edited by R. O. Zerbe |
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| Volume 25: | Research in Law and Economics edited by R. O. Zerbe and J. B. Kirkwood |
| Volume 26: | The Law and Economics of Class Actions edited by James Langenfeld |
| Volume 27: | Economic and Legal Issues in Competition, Intellectual Property, Bankruptcy, and the Cost of Raising Children edited by James Langenfeld |
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Title Page
Research in Law and Economics, Volume 29
The Law and Economics of Patent Damages, Antitrust, and Legal Process
Edited by
James Langenfeld
Ankura Consulting Group LLC, USA
Frank Fagan
EDHEC Business School, France
And
Samuel Clark
Ankura Consulting Group LLC, USA

United Kingdom – North America – Japan India – Malaysia – China
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Emerald Publishing Limited
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First edition 2021
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British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
ISBN: 978-1-80071-025-2 (Print)
ISBN: 978-1-80071-024-5 (Online)
ISBN: 978-1-80071-026-9 (Epub)
ISSN: 0193-5895 (Series)


List of Tables
| Table 1. | First Mover Share of Range Based on Discount Rates of Each Party. |
| Table 1. | Likelihood of Divergence between Standard Critical Loss Analysis and Differentiated Products Critical Loss Analysis. |
| Table 2. | Likelihood of Divergence between Standard Critical Loss Analysis and Differentiated Products Critical Loss Analysis with Different Own Elasticity Ranges. |
| Table 3. | Comparison of Differentiated Products Critical Loss Analysis and Critical Loss with Asymmetric Price Increase. |
| Table 4. | Comparison of Differentiated Products Critical Loss Analysis and Gross Upward Pricing Pressure Index (GUPPI). |
| Table 5. | Comparison of Gross Upward Pricing Pressure Index (GUPPI) and Critical Loss with Asymmetric Price Increase. |
| Table 1. | Numerical Simulations for Selected Values of . |
| Table 1. | Detailed Definition of Variables. |
| Table 2. | Descriptive Statistics. |
| Table 3. | Determinants of Firm Performance in the First Two Years Following the Triggering of the Labor Litigation Procedure. |
| Table 4. | Determinants of Firm Performance in the First Three Years Following the Triggering of the Labor Litigation Procedure. |
| Table 5. | Determinants of Firm Performance in the First Four Years Following the Triggering of the Labor Litigation Procedure. |
| Table 6. | Robustness Checks: Random Effect Model. |
| Table 7. | Robustness Checks: Return on Assets (ROA) as Dependent Variable. |
| Table A1. | Antitrust Cases Brought Forward by the European Commission against Visa and Mastercard (European Commission, 2018). |
| Table 1. | First Mover Share of Range Based on Discount Rates of Each Party. |
| Table 1. | Likelihood of Divergence between Standard Critical Loss Analysis and Differentiated Products Critical Loss Analysis. |
| Table 2. | Likelihood of Divergence between Standard Critical Loss Analysis and Differentiated Products Critical Loss Analysis with Different Own Elasticity Ranges. |
| Table 3. | Comparison of Differentiated Products Critical Loss Analysis and Critical Loss with Asymmetric Price Increase. |
| Table 4. | Comparison of Differentiated Products Critical Loss Analysis and Gross Upward Pricing Pressure Index (GUPPI). |
| Table 5. | Comparison of Gross Upward Pricing Pressure Index (GUPPI) and Critical Loss with Asymmetric Price Increase. |
| Table 1. | Numerical Simulations for Selected Values of |
| Table 1. | Detailed Definition of Variables. |
| Table 2. | Descriptive Statistics. |
| Table 3. | Determinants of Firm Performance in the First Two Years Following the Triggering of the Labor Litigation Procedure. |
| Table 4. | Determinants of Firm Performance in the First Three Years Following the Triggering of the Labor Litigation Procedure. |
| Table 5. | Determinants of Firm Performance in the First Four Years Following the Triggering of the Labor Litigation Procedure. |
| Table 6. | Robustness Checks: Random Effect Model. |
| Table 7. | Robustness Checks: Return on Assets (ROA) as Dependent Variable. |
| Table A1. | Antitrust Cases Brought Forward by the European Commission against Visa and Mastercard (European Commission, 2018). |
List of Figures
| Figure 1. | First Mover Share Given the Discount Rate of Each Party. |
| Figure 1. | Binned Scatter Plots of Firm Characteristics in Simulations where Standard Critical Loss Makes Correct or Incorrect Predictions (Own Price Elasticities from 1.3 to 2.5). |
| Figure 2. | Binned Scatter Plots of Firm Characteristics in Simulations where Standard Critical Loss Makes Correct or Incorrect Predictions (Own Price Elasticities from 3 to 5). |
| Figure 1. | Flow of Payments within a Three- and Four-Party Card Network. |
| Figure 1. | First Mover Share Given the Discount Rate of Each Party. |
| Figure 1. | Binned Scatter Plots of Firm Characteristics in Simulations where Standard Critical Loss Makes Correct or Incorrect Predictions (Own Price Elasticities from 1.3 to 2.5). |
| Figure 2. | Binned Scatter Plots of Firm Characteristics in Simulations where Standard Critical Loss Makes Correct or Incorrect Predictions (Own Price Elasticities from 3 to 5). |
| Figure 1. | Flow of Payments within a Three- and Four-Party Card Network. |
List of Contributors
| Michael P. Akemann | Berkeley Research Group, LLC |
| Frank Fagan | EDHEC Business School |
| Hassan Faghani | Ankura Consulting Group, LLC |
| Wenqing Li | Epsilon Economics, LLC |
| Soheil R. Nadimi | Kansas State University |
| Nathan Petek | Federal Trade Commission |
| Rebbecca Reed-Arthurs | Berkeley Research Group, LLC |
| Nicolae Stef | Burgundy School of Business |
| David J. Teece | Berkeley Research Group, LLC; University of California, Berkeley |
| Jean-Christian Tisserand | Burgundy School of Business |
| Alen Veljan | Universidad Rey Juan Carlos |
| Igor Vuletic | Josip Juraj Strossmayer University of Osijek |
| Dennis L. Weisman | Kansas State University |
| Berkeley Research Group, LLC | |
| EDHEC Business School | |
| Ankura Consulting Group, LLC | |
| Epsilon Economics, LLC | |
| Kansas State University | |
| Federal Trade Commission | |
| Berkeley Research Group, LLC | |
| Burgundy School of Business | |
| Berkeley Research Group, LLC; University of California, Berkeley | |
| Burgundy School of Business | |
| Universidad Rey Juan Carlos | |
| Josip Juraj Strossmayer University of Osijek | |
| Kansas State University |
Acknowledgments
The editor of Research in Law and Economics would like to thank the individuals listed below for refereeing the articles presented in Volume 29 of Research in Law and Economics.
Michaelyn Corbett
Michael Chapman
Hassan Faghani
Alan Frankel
