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u‰‰ŽÒF’†“ˆ—ºŽiŒc‰ž‹`m‘åŠwAŒoÏŠw•”‹³ŽöA2018”NÎìÜ/2004”NXŒûÜj
‘è–ÚFExamining Patent Examiners: Present Bias, Procrastination and Time
Pressure
—vŽ|FThis research studies present-biased procrastination of U.S. patent
examiners.
We describe patent examination work as a problem of intertemporal effort
allocation
by the agent who must complete a task in a fixed deadline, and adopt the
standard two-
parameter model (ƒÀ-ƒÂ model) to characterize a conflict between short-run and
long-run
preferences. We apply the model to a large-scale administrative data from
the U.S.
Patent and Trademark Office with information on daily transaction history of
patent
applications in the field of Biotechnology and Organic Chemistry. The
empirical results
support evidence for procrastination by present-biased patent examiners.