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  • June 2023
  • Article

Managing Medical Device Liability Through Innovation: A Strategic Approach

By: Alberto Galasso and Hong Luo
In this article, we discuss several aspects of the relationships among product liability risk, safety, and innovation strategies of medical device companies. View Details
Keywords: Safety; Public Opinion; Legal Liability; Product; Medical Devices and Supplies Industry
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  • May 2021
  • Article

Risk-Mitigating Technologies: The Case of Radiation Diagnostic Devices

By: Alberto Galasso and Hong Luo
We study the impact of consumers’ risk perception on firm innovation. Our analysis exploits a major surge in the perceived risk of radiation diagnostic devices following extensive media coverage of a set of over-radiation accidents involving CT scanners in late 2009.... View Details
Keywords: Risk Perception; Innovation; Medical Devices; Liability Risk; Risk and Uncertainty; Perception; Technological Innovation
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  • Fall 2023
  • Article

Infringing Use as a Path to Legal Consumption: Evidence from a Field Experiment

By: Hong Luo and Julie Holland Mortimer
Digitization has transformed how users find and use copyrighted goods, but many existing legal options remain difficult to access, possibly leading to infringement. In a field experiment, we contact firms that are caught infringing on expensive digital images. Emails... View Details
Keywords: Copyright Infringement; Field Experiment; Copyright; Lawfulness
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  • December 2019
  • Article

Invest in Information or Wing It? A Model of Dynamic Pricing with Seller Learning

By: Guofang Huang, Hong Luo and Jing Xia
Pricing idiosyncratic products is often challenging because the seller, ex ante, lacks information about the demand for individual items. This paper develops a model of dynamic pricing for idiosyncratic products that features the optimal stopping structure and a seller... View Details
Keywords: Dynamic Pricing; Idiosyncratic Products; Item-specific Demand; Demand Uncertainty; Active Seller Learning; The Value Of Information; Price; Information; Value; Learning
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  • 2019
  • Working Paper

Infringing Use as a Path to Legal Consumption: Evidence from a Field Experiment

By: Hong Luo and Julie Holland Mortimer
Digitization has transformed how users find and use copyrighted goods, but many existing legal options remain difficult to access, possibly leading to infringement. In a field experiment, we contact firms that are caught infringing on expensive digital images. Emails... View Details
Keywords: Copyright Infringement; Field Experiment; Intellectual Property; Lawfulness
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  • 05 Jul 2016
  • First Look

July 5, 2016

Hong Luo Abstract—Current academic and policy debates focus on the impact of tort reforms on physicians’ behavior and medical costs. This paper... View Details
Keywords: Sean Silverthorne
  • 11 Oct 2016
  • First Look

October 11, 2016

significantly larger nominal bond risk premia and borrow less in local currency. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=51720 Tort Reform and Innovation By: Galasso, Alberto,... View Details
Keywords: Sean Silverthorne
  • 13 Mar 2018
  • First Look

March 13, 2018

https://www.hbs.edu/faculty/Pages/item.aspx?num=54087 February 2018 Management Science Patent Publication and the Market for Ideas By: Hegde, Deepak, and Hong View Details
Keywords: Sean Silverthorne
  • 17 Sep 2013
  • First Look

First Look: September 17

working paper: https://www.hbs.edu/faculty/Pages/download.aspx?name=14-021.pdf Imperfect Information, Patent Publication, and the Market for Ideas By: Hegde, Deepak, and Hong... View Details
Keywords: Sean Silverthorne
  • 27 Mar 2018
  • First Look

First Look at New Research, March 27, 2018

assure that state and local governments can appropriately respond to the digital activities that impact physical realities. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=54300 August 2017 Journal of Law & Economics... View Details
Keywords: Sean Silverthorne
  • 23 Feb 2016
  • First Look

February 23, 2016

Hong Luo Abstract— In this paper, we study the effect of invention disclosure through patent publication on the market for ideas. We do so by analyzing the effects of the... View Details
Keywords: Sean Silverthorne

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