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provide powerful incentives and are superior to explicit incentive contracts when there are some fair-minded players. But …, which offer important new insights into the interaction of contract choices, fairness and incentives. …
Persistent link: https://www.econbiz.de/10010371080
incentives - "Pay them more and they will work harder." However, a large and growing body of empirical evidence from laboratory …
Persistent link: https://www.econbiz.de/10011413663
Persistent link: https://www.econbiz.de/10011296493
Standard setting organizations have for many years required members to commit to license patents essential to use of standards on Fair, Reasonable and Non-discriminatory terms. Unfortunately, SSOs have not defined what FRAND means, leaving its interpretation to courts and regulators. This paper...
Persistent link: https://www.econbiz.de/10013082901
Since the issue first emerged in the policy arena in the early 2000s, economists have been debating the meaning and implications of FRAND licensing commitments within cooperative technology standard setting organizations (SSOs). Today the issue is global, with scholars and policymakers in...
Persistent link: https://www.econbiz.de/10012999940
This paper examines FRAND issues in India. From an institutional perspective, India's FRAND cases do not effectively establish the appropriate role for antitrust in FRAND. On the one hand, there is the potential for hold-up and anti-competitive conduct in the FRAND setting. Such situations would...
Persistent link: https://www.econbiz.de/10013000998
In the last several years, India has raised several novel and controversial concerns regarding standard-essential patents (SEPs). For example, in 2013 and 2014, the Competition Commission of India (CCI) issued investigation orders against Ericsson, alleging that the company violated its...
Persistent link: https://www.econbiz.de/10012968512
Persistent link: https://www.econbiz.de/10011740898
contracts in a moral hazard context. Explicit incentive contracts that are optimal according to self-interest theory become … actors provide powerful incentives and become superior when there are some fair-minded players. The principals understand … enforcement power of explicit and implicit incentives. This contract preference is associated with the fact that explicit …
Persistent link: https://www.econbiz.de/10010440446
-interest theory but is consistent with theories of fairness. …
Persistent link: https://www.econbiz.de/10010440447