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The optimal pricing of goods, especially when they are new and the innovating firm is a monopolist, must proceed without precise knowledge of the demand curve. This paper provides a pricing method with a relative robustness guarantee by maximizing a perfor ...
As an important policy instrument for guiding innovation, the patent system involves a long-standing tension between creating economic rewards for the original innovators and stifling subsequent R&D activities. The availability of new data allows us to pr ...
With nominal wage rigidities, it is crucial to distinguish whether wages are set by workers or firms -- whether we have monopoly or monopsony power. This paper provides a model of wage bargaining in the labour market where workers have monopoly power over ...
Rare earth elements (REEs) are often referred to as the industrial vitamins and the key drivers of the industry 4.0 revolution. The current global supply chain of REEs for green and high-tech applications with more than 220 metric kilotons per year involve ...
This paper analyzes the relationship between inflation, output and government size by reexamining the time inconsistency of optimal monetary and fiscal policies in a general equilibrium model with staggered timing structure for the acquisition of nominal m ...
In the context of incremental view maintenance (IVM), delta query derivation is an essential technique for speeding up the processing of large, dynamic datasets. The goal is to generate delta queries that, given a small change in the input, can update the ...
The electricity markets worldwide have distinctive particularities due to some political and historical reasons. However, principal guidelines of market design remain very similar. The main feature of deregulation is to introduce a competition into the gen ...
The type VI secretion system (T6SS) is a broadly distributed interbacterial weapon that can be used to eliminate competing bacterial populations. Although unarmed target populations are typically used to study T6SS function in vitro, bacteria most likely e ...
Multi-port DC-DC converters are an attractive solution for highly flexible and efficient interface of different elements of DC grids (e.g., sources, loads, energy storage). This paper provides an analytic solution for the natural power sharing characterist ...
This thesis comprises three essays on the relationship between innovation and finance. Although previous research has acknowledged the multi-faceted nature of innovation, this thesis unpacks its constituent elements, compares alternative drivers of innovat ...
