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We develop a duopoly model with advertising supported platforms and analyze incentives of a superior firm to license …
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The conventional wisdom is that the formation of patent pools is welfare enhancing when patents are complementary, since the pool avoids a double-marginalization problem associated with independent licensing. This conventional wisdom relies on the effects that pooling has on downstream prices....
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and users to maximize their profits. The equilibrium price structure is affected by piracy: license fees to developers are …
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