منابع مشابه
Fee versus royalty reconsidered
For an outsider innovator in a Cournot oligopoly, royalty licensing could be superior to both fixed fee and auction. The result depends on a simple fact that has been overlooked in the existing literature, namely, the number of licenses can take only integer values. 2004 Elsevier Inc. All rights reserved. JEL classification: D21; D43; D45
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Imagine—you’ve just been born, and your future looks bleak. After an all-too brief infancy when you’ll be cared for and fed, you’ll be forced into child labour, cleaning a dark and crowded home and caring for your many siblings. You’ll be subsequently put on guard duty to defend your home against vicious intruders. If you survive, you’ll spend the rest of your days searching for tiny bits of fo...
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We study several interconnected problems that arise under the current U.S. patent system when a patent covers one component or feature of a complex product. This situation is common in the information technology sector of the economy. Our analysis applies to cases involving reasonable royalties but not lost profits. First, we show using bargaining theory that the threat to obtain a permanent in...
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Sovereignty and governance in contemporary Africa are hotly contested issues with important—even dire—consequences for all those interested in the continent’s markets, resources, people, and welfare. This article focuses not on questions of how authority is assigned or removed but on how it is shaped, worn, and performed for diverse audiences, particularly in the arena of “traditional governanc...
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This paper revisits the standard analysis of licensing a cost reducing innovation by an outside innovator to a Cournot oligopoly. We propose a new mechanism that combines elements of a license auction with royalty licensing by granting the losers of the auction the option to sign a royalty contract. The optimal new mechanism eliminates the losses from exclusionary licensing without reducing bid...
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ژورنال
عنوان ژورنال: The Musical Times
سال: 1911
ISSN: 0027-4666
DOI: 10.2307/906388