EEP 143: Economics of innovation and Intellectual Property

This course addresses the economics of research and incentives for innovation including intellectual property rights. Topics include the standard modern economics of invention; modern intellectual property rights; innovation examples from agriculture, energy, pharmaceuticals, software, and electronics; the roles of the public and private sectors; innovation and market structure; the needs of the poor; and global intellectual property negotiations.


ARE 242: Quantitative Policy Analysis

Production versus predatory government behavior, rent seeking, social waste, and their trade-offs with the provision of growth-promoting public goods. Three failure types are distinguished: market, government, and organizational. The roles of public versus special interests are modeled to determine degree and extent of organizational failures in collective group behavior. Alternative frameworks are used to evaluate various types of policy reform.