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Created page with "{{AcademicPaper |Has title=Is the Market for Ideas a Market for Lemons? |Has author=Ed Egan, |Has paper status=Idea }} {{AcademicPaper |Has title=Adverse Selection in the Mar..."
{{AcademicPaper
|Has title=Is the Market for Ideas a Market for Lemons?
|Has author=Ed Egan,
|Has paper status=Idea
}}
{{AcademicPaper
|Has title=Adverse Selection in the Market for Ideas
|Has author=Ed Egan
|Has paper status=Idea
}}

==Summary==

Rational ignorance at the patent office can only be efficient if there is no market for ideas. If patents are sold then, as their is an information asymmetry between the inventor (or current user) and a purchaser, we expect a market for lemons.

Data:
*Patent data with Assignment Data: [[Redesigning Patent Database]]
*Patent litigation data: [[Lex Machina]]

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