Arbeitspapier
The distributive implications of patents on indivisible goods
An indivisible good is an ideal type with interesting properties and strong implications about public policy. It is a good - such as a heart transplant or a treatment for AIDS - that must be consumed in a fixed amount or not at all. The community's demand curve for an indivisible good is a rotation of the distribution of income. Monopolization of ordinary goods can be expected to reduce everybody's consumption; monopolization of indivisible goods knocks out low income consumers. Deadweight loss from monopolization has a distinct distributional aspect best captured in a utility-weighted measure. Indivisible goods are strong candidates for public provision and for the expropriation of patents.
- Sprache
-
Englisch
- Erschienen in
-
Series: Queen's Economics Department Working Paper ; No. 1018
- Klassifikation
-
Wirtschaft
Consumer Economics: Theory
Market Structure, Pricing, and Design: Monopoly
Publicly Provided Private Goods
Monopoly; Monopolization Strategies
Innovation and Invention: Processes and Incentives
- Thema
-
patents
socialization
monopoly
deadweight loss
income distribution
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Usher, Dan
- Ereignis
-
Veröffentlichung
- (wer)
-
Queen's University, Department of Economics
- (wo)
-
Kingston (Ontario)
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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Objekttyp
- Arbeitspapier
Beteiligte
- Usher, Dan
- Queen's University, Department of Economics
Entstanden
- 2004
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