Mukherjee, Arijit - In: Arthaniti : journal of economic theory and practice 19 (2020) 1, pp. 61-67
Our analysis provides a rationale for the existence of a positive fixed-fee and output royalty in the licensing contracts. In this article, we show that the preference functions play an important role in this respect. As the market expansion effect gets weaker, it reduces the possibility of a...
