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I develop a stylized model of court procedures that resolve disputes concerning FRAND-encumbered standard essential patents (SEPs). I analyze the effects of injunctions and potential court-imposed FRAND rates on negotiated royalty rates. The SEP-holders' ability to hold-up is constrained by the...
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In a patent thicket licensing provides a mechanism to either avoid or resolve hold up. We study the choice between ex … context of a patent portfolio race. We show that high expected blocking leads to ex ante licensing while ex post licensing …
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