Fee versus royalty reconsidered

被引:93
作者
Sen, D [1 ]
机构
[1] SUNY Stony Brook, Dept Econ, Stony Brook, NY 11794 USA
关键词
royalty; auction; k-drastic innovation; exact k-drastic innovation;
D O I
10.1016/j.geb.2004.09.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (c) 2004 Elsevier Inc. All rights reserved.
引用
收藏
页码:141 / 147
页数:7
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