The Role of Intellectual Property in Protecting Reputation
Today in class, we went over a paper called The Value of a Reputation System by John Kennes and Aaron Schiff (both of The University of Auckland). The paper presents a complicated mathematical model of markets that are similar to eBay and other auction sites, although the example in the paper is "pick-your-own" orchards. I've also been reading Peter Navarro's book The Coming China Wars recently and the two ideas got me thinking about the value of intellectual property in properly functioning markets. In Keenes and Schiff's paper, they model markets where there are product with high and low
Continue reading {The Role of Intellectual Property in Protecting Reputation}





