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Publication Date: July 2005
Publisher: Center for Economic and Policy Research
Author(s): Dean Baker
Research Area: Law and ethics
Keywords: Prescription drugs; Marginal cost; Monopoly profits
Type: Report
Coverage: United States
Abstract:
This paper details the ways in which patents and copyrights lead to economic inefficiencies and outlines alternative systems to provide incentives for innovation. Published in the Post-Autistic Economics Review on July 5, 2005.