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Gilbert and Katz (2006) (GK) show that allowing (pure) patent bundling increases the incentives for patent owners to … enter into “long-term” patent licensing that commits them not to expropriate licensees’ sunk costs in complementary assets … framework to analyze the tying of non-RAND-committed patents to RAND-committed patents. Pure patent bundling/tying is common and …
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employ tying arrangements as a metering device to effect price discrimination. While some commentators would justify patent … price discrimination through patent tying encourages innovation. In particular, it reviews the innovation arguments made in …Patent law is the cornerstone of American innovation policy. The relationship between patents and innovation, however …
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We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …
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This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
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