Chiou, Jing-Yuan; Schmidtke, Richard - 2012
patent disputes, with a focus on Shapiro(2003)'s consumer protection rule. We show that, when a potential entrant … strategically incurs an entry cost before engaging in a patent dispute, a more stringent settlement policy of deterring costly entry … benefits the patent-holder and may raise static efficiency. Concerning asymmetric information, when the disputants, but not the …
