2015 Distinguished Lecture in Economics - Levine

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Are patents essential for thriving innovation and prosperity? Professor David Levine challenges the common view that intellectual property is beneficial to society. Based on his research with co­author Michele Boldrin, Professor Levine contends that there is no convincing evidence that patents serve to increase innovation and productivity. He argues that more patents can in fact inhibit innovation and may be damaging to both economic prosperity and the public good. David K. Levine has made fundamental contributions to several subfields of economic theory, including those that border economics and psychology and economics and political science. His contributions cover the spectrum - from providing a better understanding of the formation of preferences, to the strategic behavior of individuals and groups, to the dynamic behavior of markets for goods and assets. His books include Is Behavioral Economics Doomed? and Against Intellectual Monopoly, co-authored with Michele Boldrin.

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