Most patent pools are formed in the shadow of patent litigation as an attempt to settle disputes in regard to conflicting infringement claims and the validity of patents. To reflect this reality, I develop a simple framework to analyze the incentives to form a patent pool or engage in...

Tying arrangements recently have been a major and contentious issue in many high profile antitrust cases in the US and Europe. Examples include the Microsoft case, the Visa and MasterCard case, and the proposed GE/Honeywell merger to name a few. This paper conducts a selective review of the...

This paper develops an incomplete contract model of the licensing relationship that is susceptible to the moral hazard problem. The optimal contractual form of licensing derived in the model generates predictions that seem to be consistent with actual practice. For instance, the introduction of...

I develop a stylized model of court procedures that resolve disputes concerning FRAND-encumbered standard essential patents (SEPs). I analyze the effects of injunctions and potential court-imposed FRAND rates on negotiated royalty rates. The SEP-holders' ability to hold-up is constrained by the...

Most patent pools are formed in the shadow of patent litigation as an attempt to settle disputes in regard to conflicting infringement claims and the validity of patents. To reflect this reality, I develop a simple framework to analyze the incentives to form a patent pool or engage in...

This paper develops an incomplete contract model of the licensing relationship to analyze the dynamic effects of licensing on R&D competition in the innovation market and to examine the rationale for often observed grant-back clauses. Of particular concern are how the consideration of future...

We study oligopolistic firms' incentives to share customer informationabout past purchase history in a situation where firms are uncertainabout whether a particular consumer considers the product offeringscomplements or substitutes. By addressing this new type ofbehavior-based price...

We study oligopolistic firms' incentives to share customer informationabout past purchase history in a situation where firms are uncertainabout whether a particular consumer considers the product offeringscomplements or substitutes. By addressing this new type ofbehavior-based price...

This paper analyzes the effects of net neutrality regulation oninvestment incentives for Internet service providers (ISPs) and contentproviders (CPs), and their implications for social welfare. We show thatthe ISP s decision on the introduction of discrimination across contentdepends on a...