licensing negotiations between a patent holder and a downstream firm in the shadow of litigation. More specifically, we consider … litigation, but the patent holder may be under-compensated due to aspects of the patent remedy system other than injunctions. We …

transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality …. Research limitations/implications: Mutuality-based insurance is therefore a path based on solutions of the past (primary forms … of insurance), but at the same time is seen as a response to the lack of adaptation of insurance products to the actual …

's (1976) model of competitive insurance. I allow for stochastic contract offers by insurance firms and show that a unique …