Intellectual Property as a Carrot for Innovators Using Game Theory to Show the Limits of the Argument

Schmidt Dorothee ()
Additional contact information
Schmidt Dorothee: Max Planck Institute for Research on Collective Goods, Bonn

No 2007_5, Discussion Paper Series of the Max Planck Institute for Research on Collective Goods from Max Planck Institute for Research on Collective Goods

Abstract: One possible solution to mitigate the negative influences of conflict which has been proposed in the literature is to subject the relevant parties to education. Education can take two forms: increasing an individual's human capital on the one hand, increasing her social capital on the other hand. Using a stylized model of a two-individual economy, we derive that increasing an individual's social capital will lead her to reduce her conflict effort, whereas increasing her human capital can induce her to increase her conflict effort. We then analyze which conditions need to be present to induce the individuals to invest into their social capital.

Keywords: Contests; conflict reduction; education; human capital; social capital; morality (search for similar items in EconPapers)
JEL-codes: D72 D74 I28 K42 Z13 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2007-03
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-law
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.coll.mpg.de/pdf_dat/2007_05online.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mpg:wpaper:2007_5

Access Statistics for this paper

More papers in Discussion Paper Series of the Max Planck Institute for Research on Collective Goods from Max Planck Institute for Research on Collective Goods Contact information at EDIRC.
Bibliographic data for series maintained by Marc Martin ().