The Political Economy of Patent Buyouts
ABSTRACT Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political economy and feasibility of this potentially important financing mechanism have been understudied. We study an international setting of countries with different innovation and financing capabilities, and where financing ...
Amal Ahmad +2 more
wiley +1 more source
Efficiency and determinants of science and technology investment in Chinese competitive sports: a provincial DEA-Tobit analysis. [PDF]
Xia R, Lu S, Zhao L.
europepmc +1 more source
Abstract Social services for the elderly are becoming increasingly important in societies where the elderly population is growing and requires specific attention to ensure their well‐being. Within these services, nursing homes play a key role, and it is therefore vital to ensure efficient management with an assessment according to their characteristics,
Georgina Solaz‐Moreno +2 more
wiley +1 more source
A distributionally robust bilevel optimization model for wholesale-retail electricity market design. [PDF]
Jia X +7 more
europepmc +1 more source
Environmentally adjusted productivity growth and shadow prices for dairy farms
Abstract We estimate the environmentally adjusted productivity growth and shadow price for Ontario dairy farms. We use an input‐oriented directional distance function and farm‐level data from 2000 to 2020. First, we find that while GHG emissions per cow increase with higher milk yields, emission intensity decreases as milk yield per cow increases.
Bibek Dahal +2 more
wiley +1 more source
A time-coupled multi-objective distributionally robust chance-constrained framework for grid resilience enhancement using mobile emergency generators. [PDF]
Ashokaraju D +4 more
europepmc +1 more source
Block scheduling in practice: An optimal decomposition strategy for nonidentical operating rooms
Abstract We develop and implement a Master Surgery Schedule for a real‐life hospital, assigning operating room (OR) time to surgical specialties over a multi‐week horizon. Through action research, we identify a critical operational challenge: the issue of split blocks. Split blocks allow two specialties to share an OR on the same day—one in the morning,
Vincent J. J. van Ham +2 more
wiley +1 more source
Agricultural trade liberalization, governance quality, and technical efficiency in the agricultural sector of Southeast Asia. [PDF]
Trakem V, Fan H.
europepmc +1 more source
From Regression to Reasoning: Predicting M&A Announcement Returns With Large Language Models
ABSTRACT This study investigates whether large language models (LLMs) can predict short‐term market reactions to M&A announcements. We prompt OpenAI's latest reasoning models (o3, GPT‐5, and GPT‐5.1) to forecast whether the combined market value of acquirer and target will increase or decrease, drawing on deal‐, firm‐, and macroeconomic data for large ...
Maximilian Schreiter +2 more
wiley +1 more source

