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Licensing in an international triopoly

dc.contributor.authorFerreira, Fernanda A.
dc.contributor.authorFerreira, Flávio
dc.date.accessioned2014-06-30T09:32:23Z
dc.date.available2014-06-30T09:32:23Z
dc.date.issued2011
dc.description.abstractWe study the effects of entry of two foreign firms on domestic welfare in the presence of licensing, when the incumbent is technologically superior to the entrants. We consider two different situations: (i) the cost-reducing innovation is licensed to both entrants; (ii) the cost- reducing innovation is licensed to just one of the entrants. We analyse three kind of license: (lump- sum) fixed-fee; (per-unit) royalty; and two-part tariff, that is a combination of a fixed-fee and a royalty. We prove that a two part tariff is never an optimal licensing scheme for the incumbent. Moreover, (i) when the technology is licensed to the two entrants, the optimal contract consists of a licensing with only output royalty; and (ii) when the technology is licensed to just one of the entrants, the optimal contract consists of a licensing with only a fixed-fee.por
dc.description.sponsorshipPrograms POCTI and POCI by FCT and MCTESpor
dc.description.sponsorshipWe thank Programs POCTI and POCI by FCT and MCTES for their financial support.
dc.identifier.doi10.1063/1.3664379
dc.identifier.isbn978-0-7354-0984-2
dc.identifier.urihttp://hdl.handle.net/10400.22/4600
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherAIP Publishingpor
dc.relation.publisherversionhttp://scitation.aip.org/content/aip/proceeding/aipcp/10.1063/1.3664379por
dc.subjectIndustrial organizationpor
dc.subjectGame theorypor
dc.subjectOligopoly modelspor
dc.subjectUncertaintypor
dc.titleLicensing in an international triopolypor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceSozopol, Bulgariapor
oaire.citation.endPage280por
oaire.citation.startPage273por
oaire.citation.titleProceedings of the 37th International Conference Applications of Mathematics in Engineering and Economics 2011por
oaire.citation.volume1410por
person.familyNameFerreira
person.familyNameFerreira
person.givenNameFernanda A.
person.givenNameFlávio
person.identifierR-000-4TV
person.identifier.ciencia-idD116-9419-5778
person.identifier.ciencia-id9F13-D3C6-244B
person.identifier.orcid0000-0002-1335-7821
person.identifier.orcid0000-0001-7812-0983
person.identifier.ridN-4563-2013
person.identifier.ridN-4562-2013
person.identifier.scopus-author-id24723992800
person.identifier.scopus-author-id22978799800
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
relation.isAuthorOfPublicationaaa18584-508e-46b1-9b50-4e174c0e142c
relation.isAuthorOfPublication6f67981a-3965-4ace-aec9-65938c4bcf66
relation.isAuthorOfPublication.latestForDiscoveryaaa18584-508e-46b1-9b50-4e174c0e142c

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