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This paper provides theoretical explanations for devices that movie distributors use to avoid head-to-head competition. We use a simple static model to show how revenuse sharing exhibition contracts providex multiplex owners with incentives to take cross effects on demand into account. Then we...
Persistent link: https://www.econbiz.de/10011561654
This paper provides new evidence on the contractual governance of technology licensing agreements. Based upon an … international sample of licensing contracts, we explore how the contractual design deals with specific contractual hazards. In … considerations on licensing design. Empirical results highlight that contractual clauses of governance are crafted independently of …
Persistent link: https://www.econbiz.de/10012707973
. Our empirical study employs hazard rate models with time-varying covariates, using data from technology licensing … contract termination increase rather than decrease. Apparently, the value of the licensing contracts analyzed in this study …
Persistent link: https://www.econbiz.de/10014048416
technology, and the importance of creative re-use and new licensing and business models. We then set out avenues for further … technology that enables algorithmic licensing, and copyright issues related to software, data and artificial intelligence. …
Persistent link: https://www.econbiz.de/10014383295
Human-created works represent critical data inputs to artificial intelligence (AI). Strategic behaviour can play a major role for AI training datasets, be it in limiting access to existing works or in deciding which types of new works to create or whether to create new works at all. We examine...
Persistent link: https://www.econbiz.de/10014528223
input to an external firm, transforming the licensee into its input supplier. We find that the incumbent opts for licensing … even when licensing also transforms the licensee into one of its direct competitors in the final products market. In fact … faces, it reinforces, instead of weakens, the licensing incentives. Furthermore, the licensee's entry augments the positive …
Persistent link: https://www.econbiz.de/10011597751
Persistent link: https://www.econbiz.de/10012905514
Geographic complementarities across licenses being offered within a single FCC spectrum auction have been previously identified (Ausbel, Cramton, McAfee, and McMillian, 1997; Moreton and Spiller, 1998; Fox and Bajari, 2013; Xiao and Yuan, 2021) and have influenced the design of FCC auctions. Here, we...
Persistent link: https://www.econbiz.de/10013299476
The CryptoPunks NFT collection, produced by Larva Labs, is the highest-grossing NFT collection to date. Sales have surpassed $1.6 billion. That figure is all the more astounding given that Larva Labs gave away all 10,000 CryptoPunks NFTs for free in 2017. Christie’s has described the...
Persistent link: https://www.econbiz.de/10014361496
Persistent link: https://www.econbiz.de/10003718447