leasing strategy for a special type of durable good - software. We look at a software vendor that can sell (at a posted price …) or lease his product where as a lesser he guarantees that the lessees will always have the latest version of the software …. We address some of the specific issues of implementing the selling and/or leasing policies at the packaged software …

This paper investigates the patent licensing networks formed by competing firms. Assuming that licensing agreements can …

. Theory suggests that exclusive contracts in vertical relationships between the platform provider and software supplier can … the indirect network effects from software. We find that although network effects are present, the marginal exclusive game … a market structure dominated by one system protected by a hedge of complementary software. Our investigation suggests …

increasing prevalence of non-exclusive software gives rise to indirect network effects that exist between users of competing and … incompatible hardware platforms. This is because software non-exclusivity, like hardware compatibility, allows a software firm to …'s software on all firms' installed bases. We look for evidence of these market-wide network effects by estimating a model of …

We study bilateral cross-licensing agreements among N(> 2) firms that engage in competition after the licensing phase …. It is shown that the most collusive cross- licensing royalty, i.e. the one that allows the industry to achieve the … monopoly pro.t, is sustainable as the outcome of bilaterally efficient agreements. When the terms of cross-licensing agreements …