Introduction Recently, a friend of mine published a paper modeling PCT applications as “real options.”1 Patents are classic examples of “real options,” and I was reminded of a paper of mine in which I model patents as “an option to sue.” Understanding this modeling strategy provides a helpful framework for understanding certain aspects of patent […]
Dr. Alan Marco
The Caitlin Clark Effect, Salaries and Name, Image, Likeness in the WNBA
In May 2024, Caitlin Clark, the standout Iowa Hawkeyes point guard, joined the Indiana Fever. Her rookie debut coincided with an almost 200% increase in viewership for the WNBA1—the so- called “Caitlin Clark Effect.” Of course, Clark is not personally responsible for the spike. Other rookie players such as Angel Reese and Cameron Brink drew […]