Welfare reducing licensing
نویسندگان
چکیده
منابع مشابه
Welfare reducing licensing
In this paper, we characterize situations where licensing an innovation to a rival ...rm using two-part tari¤ contracts (a ...xed fee plus a linear per unit of output royalty) reduces social welfare. We show that it occurs if and only if i) the goods are close enough substitutes, ii) the innovation is large enough but not drastic and iii) the ...rms compete in prices. Moreover, we show that, re...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2002
ISSN: 0899-8256
DOI: 10.1016/s0899-8256(02)00513-4