In a model where two competing downstream firms establish an input joint venture (JV), we analyze how different royalty … rules for covering fixed costs affect channel profits. Under running royalties (regardless of whether based on predicted or …

In a model where two competing downstream firms establish an input joint venture (JV), we analyze how different royalty … rules for covering fixed costs affect channel profits. Under running royalties (regardless of whether based on predicted or …

In a model where two competing downstream firms establish an input joint venture (JV), we analyze how different royalty … rules for covering fixed costs affect channel profits. Under running royalties (regardless of whether based on predicted or …