Optimal licensing under incomplete information: the case of the inside patent holder

We reconsider the inside patent holders' optimal licensing problem of non-drastic and (super-) drastic innovations under incomplete information, taking into account restrictions concerning royalty rates and the use of exclusive licenses implied by antitrust rules. We employ methods developed in...

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Veröffentlicht in:	Economic theory 2018-12, Vol.66 (4), p.979-1005
Hauptverfasser:	Fan, Cuihong, Jun, Byoung Heon, Wolfstetter, Elmar G.
Format:	Artikel
Sprache:	eng
Schlagworte:	Control theory Economic models Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Game Theory Innovations Licensing Microeconomics Public Finance RESEARCH ARTICLE Royalty Social and Behav. Sciences
Online-Zugang:	Volltext
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