Patent Races for COVID-19 Vaccines and Liability Rules

I analyze a model of patent races for COVID-19 vaccines under alternative liability rules. The first inventor of the vaccine gets the monopoly rent, but must assume full liability from its side effects. In this model, firms choose two kinds of investments, one for inventing a vaccine and the other f...

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Bibliographische Detailangaben

Veröffentlicht in:	Asian journal of law and economics 2020-12, Vol.11 (3)
1. Verfasser:	Kim, Jeong-Yoo
Format:	Artikel
Sprache:	eng
Schlagworte:	Coronaviruses COVID-19 COVID-19 vaccines K13 Liability liability rules patent race product liability Products liability vaccine Vaccines
Online-Zugang:	Volltext
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