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 …

In a context of product innovation, we study two-part tariff licensing between a patentee and a potential rival which …